William B. Shepro - 03 Apr 2025 Form 4/A - Amendment Insider Report for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)

Role
Chairman and CEO, Director
Signature
/s/ Teresa L. Szupello, Attorney-in-Fact
Issuer symbol
ASPS
Transactions as of
03 Apr 2025
Net transactions value
$0
Form type
4/A - Amendment
Filing time
08 Apr 2025, 16:51:47 UTC
Date Of Original Report
07 Apr 2025
Previous filing
01 Apr 2025
Next filing
23 Feb 2026
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASPS Cash Exercise Stakeholder Warrants (Right to Buy) Award $0 +3,085,748 $0.000000 3,085,748 03 Apr 2025 Common Stock 5,014,340 $1.95 Direct F1, F2, F3
transaction ASPS Cash Exercise Stakeholder Warrants (Right to Buy) Gift $0 -210,498 -6.8% $0.000000 2,875,250 03 Apr 2025 Common Stock 342,059 $1.95 Direct F1, F3, F4
transaction ASPS Net Settle Stakeholder Warrants (Right to Buy) Award $0 +3,085,748 $0.000000 3,085,748 03 Apr 2025 Common Stock 5,014,340 $1.95 Direct F1, F2, F3
transaction ASPS Net Settle Stakeholder Warrants (Right to Buy) Gift $0 -210,498 -6.8% $0.000000 2,875,250 03 Apr 2025 Common Stock 342,059 $1.95 Direct F1, F3, F4
transaction ASPS Net Settle Stakeholder Warrants (Right to Buy) Gift $0 +210,498 $0.000000 210,498 03 Apr 2025 Common Stock 342,059 $1.95 William B. Shepro Revocable Trust F1, F3, F4
transaction ASPS Net Settle Stakeholder Warrants (Right to Buy) Award $0 +940,969 +447% $0.000000 1,151,467 03 Apr 2025 Common Stock 1,529,074 $1.95 William B. Shepro Revocable Trust F1, F2, F3
transaction ASPS Cash Exercise Stakeholder Warrants (Right to Buy) Award $0 +940,969 $0.000000 940,969 03 Apr 2025 Common Stock 1,529,074 $1.95 William B. Shepro Revocable Trust F1, F2, F3
transaction ASPS Cash Exercise Stakeholder Warrants (Right to Buy) Gift $0 +210,498 +22% $0.000000 1,151,467 03 Apr 2025 Common Stock 342,059 $1.95 William B. Shepro Revocable Trust F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has amended this Form 4 to (i) include missing footnotes or delete footnotes and (ii) adjust certain dates and numbers.
F2 The reporting person received the Cash Exercise Stakeholder Warrants ("Cash Exercise Warrants") and the Net Settle Stakeholder Warrants ("Net Settle Warrants," and collectively with the Cash Exercise Warrants, the "Warrants") as part of a distribution by the Issuer of transferable warrants to certain securityholders of the Issuer for no consideration.
F3 The initial exercise date of the Warrants is the later of (i) July 2, 2025 and (ii) first date on which the VWAP (as defined in the Warrant Agent Agreement, a copy of which was filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K filed with the SEC on April 2, 2025 (the "Warrant Agreement")) of the common stock equals or exceeds the Implied Per Share Exercise Price (as defined in the Warrant Agreement) of the Warrants (initially, $1.20).
F4 Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of Warrants.