Gregory J. Ritts - Jan 29, 2025 Form 4/A - Amendment Insider Report for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)

Role
Chief Legal/Compliance Officer
Signature
/s/ Teresa L. Szupello, Attorney-in-Fact
Stock symbol
ASPS
Transactions as of
Jan 29, 2025
Transactions value $
-$830
Form type
4/A - Amendment
Date filed
2/3/2025, 06:18 PM
Date Of Original Report
Jan 31, 2025
Previous filing
Mar 22, 2024
Next filing
Feb 21, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPS Common Stock Options Exercise $0 +2.61K +4.13% $0.00 65.8K Jan 29, 2025 Direct F1
transaction ASPS Common Stock Tax liability -$830 -1.22K -1.85% $0.68 64.6K Jan 29, 2025 Direct F2, F3, F5

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 Restricted Share Units Options Exercise $0 -2.61K -100% $0.00 0 Jan 29, 2025 Common Stock 2.61K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,613 shares of ASPS common stock were received upon the vesting of previously granted restricted share units ("RSUs") pursuant to an award under the Altisource 2022 Long Term Incentive Plan ("LTIP").
F2 Of the 2,613 shares granted to Mr. Ritts, reported above 1,220 shares were forgone to pay for the tax withholding with a net issuance to Mr. Ritts of 1,393 shares.
F3 Represents the cost per share used to determine the tax withholding; the opening price of ASPS common stock on the grant date.
F4 Represents the full and final vesting of Type II Performance-based RSUs previously granted pursuant to the Altisource 2022 LTIP. Our Compensation Committee approved vesting at 26.13% of target; the remaining RSUs failed to vest. Each RSU represents a contingent right to receive one share of ASPS common stock.
F5 This amendment includes the number of shares foregone to pay for the tax withholding on the shares acquired by the RSU vesting reported in Table II.