Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ASPS | Restricted Stock Units | Award | $0 | +100K | $0.00 | 100K | Feb 25, 2025 | Direct | F1 | |
holding | ASPS | Common Stock | 999K | Feb 25, 2025 | William B. Shepro Revocable Trust |
Id | Content |
---|---|
F1 | Represents an award of time-based restricted stock units ("RSUs") granted to Mr. Shepro pursuant to the Altisource 2024 Annual Incentive Plan ("AIP"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest as follows: 80% of the RSUs will vest on the first anniversary of the grant date (i.e., February 25, 2026) and the remaining 20% of the RSUs will vest on the second anniversary of the grant date (i.e., February 25, 2027). Mr. Shepro has voluntarily offered to forego 76.7% of his AIP ($329,303) to make fairness adjustments for certain critical employees without increasing the overall AIP pool. |