William B. Shepro - Apr 3, 2025 Form 4/A - Amendment Insider Report for ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)

Role
Chairman and CEO, Director
Signature
/s/ Teresa L. Szupello, Attorney-in-Fact
Stock symbol
ASPS
Transactions as of
Apr 3, 2025
Transactions value $
$0
Form type
4/A - Amendment
Date filed
4/8/2025, 04:51 PM
Date Of Original Report
Apr 7, 2025
Previous filing
Apr 1, 2025
SEC
View on sec.gov

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 Cash Exercise Stakeholder Warrants (Right to Buy) Award $0 +3.09M $0.00 3.09M Apr 3, 2025 Common Stock 5.01M $1.95 Direct F1, F2, F3
transaction ASPS Cash Exercise Stakeholder Warrants (Right to Buy) Gift $0 -210K -6.82% $0.00 2.88M Apr 3, 2025 Common Stock 342K $1.95 Direct F1, F3, F4
transaction ASPS Net Settle Stakeholder Warrants (Right to Buy) Award $0 +3.09M $0.00 3.09M Apr 3, 2025 Common Stock 5.01M $1.95 Direct F1, F2, F3
transaction ASPS Net Settle Stakeholder Warrants (Right to Buy) Gift $0 -210K -6.82% $0.00 2.88M Apr 3, 2025 Common Stock 342K $1.95 Direct F1, F3, F4
transaction ASPS Net Settle Stakeholder Warrants (Right to Buy) Gift $0 +210K $0.00 210K Apr 3, 2025 Common Stock 342K $1.95 William B. Shepro Revocable Trust F1, F3, F4
transaction ASPS Net Settle Stakeholder Warrants (Right to Buy) Award $0 +941K +447.02% $0.00 1.15M Apr 3, 2025 Common Stock 1.53M $1.95 William B. Shepro Revocable Trust F1, F2, F3
transaction ASPS Cash Exercise Stakeholder Warrants (Right to Buy) Award $0 +941K $0.00 941K Apr 3, 2025 Common Stock 1.53M $1.95 William B. Shepro Revocable Trust F1, F2, F3
transaction ASPS Cash Exercise Stakeholder Warrants (Right to Buy) Gift $0 +210K +22.37% $0.00 1.15M Apr 3, 2025 Common Stock 342K $1.95 William B. Shepro Revocable Trust F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has amended this Form 4 to (i) include missing footnotes or delete footnotes and (ii) adjust certain dates and numbers.
F2 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.
F3 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).
F4 Represents a transfer by gift from Mr. Shepro's direct ownership to the William B. Shepro Revocable Trust of Warrants.