Michelle D. Esterman - Mar 20, 2025 Form 4 Insider Report for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)

Role
Chief Financial Officer
Signature
/s/ Teresa L. Szupello, Attorney-in-Fact
Stock symbol
ASPS
Transactions as of
Mar 20, 2025
Transactions value $
-$2,629
Form type
4
Date filed
3/24/2025, 06:34 PM
Previous filing
Mar 4, 2025
Next filing
Apr 1, 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 +9.97K +2.24% $0.00 455K Mar 20, 2025 Direct F1
transaction ASPS Common Stock Tax liability -$2.63K -2.95K -0.65% $0.89 452K Mar 20, 2025 Direct F2, F3

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 -4.17K -49.99% $0.00 4.17K Mar 20, 2025 Common Stock 4.17K Direct F4, F5, F6
transaction ASPS Restricted Share Units Options Exercise $0 -5.8K -100% $0.00 0 Mar 20, 2025 Common Stock 5.8K Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ms. Esterman received 9,965 shares of Altisource Portfolio Solutions S.A. (the "Company" or "ASPS") common stock upon the vesting of previously granted time-based restricted share units ("RSUs") pursuant to awards under the Company's 2023 Long Term Incentive Plan ("LTIP") and 2023 Annual Incentive Plan ("AIP").
F2 Of the RSUs vesting into shares reported above, 2,954 shares were forgone to pay for the tax withholding with a net issuance to Ms. Esterman of 7,011 shares. Pursuant to the terms of the award agreements, the price per share used to determine the tax withholdings was the opening price of ASPS common stock on March 20, 2025.
F3 Includes previously granted RSUs.
F4 Each RSU represents a contingent right to receive one share of ASPS common stock.
F5 Represents the vesting of the second tranche of Type I Time-based RSUs granted to Ms. Esterman on March 20, 2023, pursuant to the Altisource 2023 LTIP.
F6 The remaining 4167 Type I Time-based RSUs are scheduled to vest on the third anniversary of the grant date (i.e., March 20, 2026).
F7 Represents the final vesting of time-based RSUs granted to Ms. Esterman on March 20, 2023 pursuant to the Altisource 2023 AIP.