Gregory J. Ritts - 09 Apr 2025 Form 4 Insider Report for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)

Role
Chief Legal/Compliance Officer
Signature
/s/ Teresa L. Szupello, Attorney-in-Fact
Issuer symbol
ASPS
Transactions as of
09 Apr 2025
Net transactions value
+$9,600
Form type
4
Filing time
09 Apr 2025, 12:51:05 UTC
Previous filing
07 Apr 2025
Next filing
26 Feb 2026
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPS Common Stock Purchase $9,600 +20,000 +7.9% $0.4800 272,041 09 Apr 2025 Direct F1, F2

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 Net Settle Stakeholder Warrants (Right to Buy) Award $0 +20,000 +2.2% $0.000000 945,410 09 Apr 2025 Common Stock 32,500 $1.95 Direct F3, F4
transaction ASPS Cash Exercise Stakeholder Warrants (Right to Buy) Award $0 +20,000 +2.2% $0.000000 945,410 09 Apr 2025 Common Stock 32,500 $1.95 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a private purchase of Altisource Portfolio Solutions S.A. common stock pursuant to a Purchase and Sale Agreement dated March 26, 2025.
F2 Includes 157,330 RSUs.
F3 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.
F4 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).