SEC Form 5 · accession 0001225208-15-004362
ALTISOURCE PORTFOLIO SOLUTIONS S.A. · ASPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Michael Linn
Director
Period of report
Dec 31, 2014
Accepted (ET)
Feb 17, 2015 · 8:38 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 | Feb 19, 2014 | G | 239 | $0.00 | D | 9,562 | D | |
| Common StockF2 | Aug 6, 2014 | G | 504 | $0.00 | D | 10,036 | D | |
| Common StockF3 | Nov 21, 2014 | G | 3,077 | $0.00 | A | 13,113 | D | |
| Common StockF4 | Nov 14, 2014 | J | 258 | $0.00 | D | 200 | I | By Adult Children Sharing the Same Household |
| Common StockF5 | Feb 19, 2014 | G | 239 | $0.00 | A | 2,577 | I | By Brown's Valley Development Co, LP |
| Common Stock | Nov 21, 2014 | G | 3,077 | $0.00 | D | 0 | I | By Brown's Valley Development Co, LP |
| Common Stock | Nov 21, 2014 | G | 4,494 | $0.00 | A | 4,494 | I | By Elizabeth S Linn (spouse) |
| Common StockF6 | Nov 21, 2014 | G | 4,494 | $0.00 | D | 0 | I | By Stella-Rowan CO LP |
| Common Stock | Aug 6, 2014 | G | 271 | $0.00 | A | 447 | I | By William Michael Linn, Roth IRA |
| Common Stock | Aug 6, 2014 | G | 233 | $0.00 | A | 680 | I | By William Michael Linn, Roth IRA |
| Common Stock | holding | — | — | — | 315 | I | By Elizabeth S Linn, Roth IRA | |
| Common Stock | holding | — | — | — | 580 | I | By S & S Agriculture & Oil, LP | |
| Common Stock | holding | — | — | — | 2,070 | I | By W M Linn Trust | |
| Common Stock | holding | — | — | — | 224 | I | By William M Linn, Simple IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Linn transferred shares to Browns Valley Development Co, LP, of which Mr. Linn is 99.99% partner. Prior to this disposition, Mr. Linn directly held 9,801 shares.
- F2Mr. Linn transferred shares to William Michael Linn, Roth IRA. Prior to this disposition, Mr. Linn directly held 10,540 shares.
- F3Mr. Linn transferred shares from Browns Valley Development Co, LP, of which Mr. Linn is 99.99% partner, to his direct account. Prior to this acquisition, Mr. Linn directly held 10,036 shares. Mr. Linn directly held 13,113 shares as of December 31, 2014.
- F4On November 14, 2014, the Issuer became aware that two adult children of Mr. Linn no longer shared his household, effective August 16, 2013 and June 23, 2014, thus reducing the number of reportable shares.
- F5Mr. Linn transferred shares from his direct account to Browns Valley Development Co, LP, of which Mr. Linn is 99.99% partner. Prior to this acquisition, Browns Valley Development Co, LP held 2,338 shares.
- F6Elizabeth S. Linn, spouse of Mr. Linn and 99% partner of Stella-Rowan CO LP, transferred shares of Stella-Rowan CO LP to her single name account.