SEC Form 4 · accession 0001140361-16-073672

ALTISOURCE PORTFOLIO SOLUTIONS S.A. · ASPS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

10% Owner

Period of report

Jul 26, 2016

Accepted (ET)

Jul 28, 2016 · 3:22 pm 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 Stock	Jul 26, 2016	S	47,198	$24.3425	D	5,905,291	I	By Salt Pond Holdings, LLC
Common Stock	Jul 26, 2016	S	2,200	$24.2527	D	5,903,091	I	By Salt Pond Holdings, LLC
Common Stock	Jul 27, 2016	S	25,000	$24.0485	D	5,878,091	I	By Salt Pond Holdings, LLC
Common Stock	Jul 27, 2016	S	79,684	$24.0199	D	5,798,407	I	By Salt Pond Holdings, LLC
Common Stock	Jul 27, 2016	S	20,316	$24.2615	D	5,778,091	I	By Salt Pond Holdings, LLC
Common Stock	holding	—	—		—	709	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Membership Unit Interests^F1	—	Mar 31, 2016	G	1	D	—	—	Common Stock	—	0	I
Membership Unit Interests^F1	—	Mar 31, 2016	G	1	A	—	—	Common Stock	—	0	I

F1On March 31, 2016, E. Elaine Erbey, Mr. Erbey's spouse, gifted her 24.5% membership unit interests in Salt Pond Holdings, LLC to the Frederiksted Trust, a U.S. Virgin Islands trust in which Mr. Erbey has investment control and for which Mr. Erbey, Mr. and Mrs. Erbey's descendants and charitable organizations are the beneficiaries. No shares of Altisource Portfolio Solutions S.A. ("ASPS") were transferred as part of the gift and, as a result, Mr. Erbey's beneficial ownership in the shares of ASPS did not change.