SEC Form 4 · accession 0000905148-17-000855
ALTISOURCE PORTFOLIO SOLUTIONS S.A. · ASPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Deer Park Road Management GP, LLC
10% Owner
Deer Park Road Corp
10% Owner
Michael David Craig-Scheckman
10% Owner
Period of report
Oct 27, 2017
Accepted (ET)
Oct 31, 2017 · 11:42 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001462418
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3,F1,F2 | Oct 27, 2017 | P | 16,737 | $23.9524 | A | 2,021,753 | I | See footnotes |
| Common StockF4,F1,F2 | Oct 27, 2017 | P | 24,004 | $25.0256 | A | 2,045,757 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of the Issuer's common stock ("Shares") are held for the account of STS Master Fund, Ltd. Deer Park Road Management Company, LP ("Deer Park") serves as investment adviser to STS Master Fund, Ltd.
- F2Deer Park Road Management GP, LLC ("DPRM") is the general partner of Deer Park. Deer Park Road Corporation ("DPRC") is the managing member of DPRM. Michael David Craig-Scheckman is the Chief Executive Officer of each of Deer Park and DPRC and the sole owner of DPRC. Each Reporting Person disclaims beneficial ownership of the Shares except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F3This price reflects the weighted average price for open-market purchases of Shares made by the Reporting Persons on October 27, 2017 within a $1.00 range. The actual prices for these transactions are between $23.34 to $24.21. The Reporting Persons further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price reported herein.
- F4This price reflects the weighted average price for open-market purchases of Shares made by the Reporting Persons on October 27, 2017 within a $1.00 range. The actual prices for these transactions are between $24.34 to $25.25. The Reporting Persons further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price reported herein.