4//SEC Filing
Altisource Portfolio Solutions S.A. 4
Accession 0001225208-17-008108
$ASPSCIK 0001462418operating
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 4:12 PM ET
Size
5.5 KB
Accession
0001225208-17-008108
Insider Transaction Report
Form 4
DAVILA JOSEPH A.
President, Mortgage Services
Transactions
- Tax Payment
Common Stock
2017-04-15$42.78/sh−880$37,646→ 9,178 total
Footnotes (2)
- [F1]Represents shares surrendered by Mr. Davila for tax withholdings due as a result of the vesting of 1,867 restricted shares. The shares were surrendered pursuant to the terms of his April 15, 2015 Restricted Stock Award Agreement. Pursuant to the terms of the Restricted Stock Award Agreement, the price per share used to determine the tax withholdings was the opening price of the Company's common stock on April 17, 2017.
- [F2]Includes (i) 3,733 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) in two equal installments on the third and fourth anniversaries of the April 15, 2015 grant date (i.e., April 15, 2018 and April 15, 2019) and (ii) 1,508 time-based restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) in three equal installments on the first, second and third anniversaries of the April 7, 2017 grant date (i.e., April 7, 2018, April 7, 2019 and April 7, 2020). Mr. Davila has no voting rights with respect to these shares until they vest.
Documents
Issuer
Altisource Portfolio Solutions S.A.
CIK 0001462418
Entity typeoperating
IncorporatedLuxembourg
Related Parties
1- filerCIK 0001462418
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 4:12 PM ET
- Size
- 5.5 KB