SEC Form 4 · accession 0001140361-15-040870
ALTISOURCE PORTFOLIO SOLUTIONS S.A. · ASPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Erbey
10% Owner
Period of report
Nov 10, 2015
Accepted (ET)
Nov 12, 2015 · 4:37 pm EST
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 StockF1 | Nov 10, 2015 | M | 23,269 | $11.02 | A | 23,978 | D | |
| Common Stock | Nov 10, 2015 | S | 23,269 | $28.25 | D | 709 | D | |
| Common Stock | holding | — | — | — | 5,952,489 | I | By Salt Pond Holdings, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1,F2 | $11.02 | Nov 10, 2015 | M | 23,269 | D | — | Jan 31, 2016 | Common Stock | 23,269 | 0 | D |
Explanation of responses
- F1These options were granted pursuant to a stock option award that expires on January 31, 2016.
- F280% of these stock options vested on August 10, 2009, while the remaining 20% vested on January 31, 2010.