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4//SEC Filing

DAVILA JOSEPH A. 4

Accession 0001609339-17-000001

CIK 0001462418other

Filed

Sep 6, 8:00 PM ET

Accepted

Sep 7, 3:41 PM ET

Size

8.0 KB

Accession

0001609339-17-000001

Insider Transaction Report

Form 4
Period: 2017-09-06
DAVILA JOSEPH A.
President, Mortgage Services
Transactions
  • Exercise/Conversion

    Common Stock

    2017-09-06$18.79/sh+1,100$20,66915,278 total
  • Exercise/Conversion

    Stock Options

    2017-09-061,1004,100 total
    Exercise: $18.79From: 2016-04-15Exp: 2025-04-15Common Stock (1,100 underlying)
Footnotes (2)
  • [F1]Acquired by the exercise of options granted pursuant to a stock option award. Mr. Davila elected to pay the exercise price and taxes associated with all 1,100 exercised options and retain the resulting 1,100 shares.
  • [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), (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) and (iii) 5,000 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 July 27, 2017 grant date (i.e., July 27, 2018, July 27, 2019 and July 27, 2020). Mr. Davila has no voting rights with respect to these shares until they vest.

Issuer

Altisource Portfolio Solutions S.A.

CIK 0001462418

Entity typeother

Related Parties

1
  • filerCIK 0001609339

Filing Metadata

Form type
4
Filed
Sep 6, 8:00 PM ET
Accepted
Sep 7, 3:41 PM ET
Size
8.0 KB