Jason A. Kopcak - May 12, 2023 Form 4 Insider Report for Altisource Asset Management Corp (AAMC)

Role
Chief Executive Officer, Director
Signature
Deborah Seymour, attorney-in-fact
Stock symbol
AAMC
Transactions as of
May 12, 2023
Transactions value $
$367,794
Form type
4
Date filed
5/15/2023, 04:40 PM
Previous filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAMC Common stock, par value $0.01 per share Award $604K +7.5K +150% $80.48 12.5K May 12, 2023 Direct F1, F2
transaction AAMC Common stock, par value $0.01 per share Tax liability -$236K -2.93K -23.44% $80.48 9.57K May 12, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units issued pursuant to the AAMC 2020 Equity Incentive Plan.
F2 The price per share was calculated based on the average of the high and low sale prices of the Company's common stock on the vesting date which was 05/12/2023.
F3 Such 2,930 shares were forfeited by the reporting person to cover tax wittholdings on the vesting of his common stock pursuant to the terms of the AAMC 2020 Equity Incentive Plan.