SEC Form 4 · accession 0001225208-16-030186
ALTISOURCE PORTFOLIO SOLUTIONS S.A. · ASPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory J. Ritts
Officer — General Counsel
Period of report
Mar 21, 2016
Accepted (ET)
Mar 23, 2016 · 2:21 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 StockF1 | Mar 21, 2016 | P | 500 | $24.138 | A | 6,100 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 5,600 restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) in three equal installments on the second, third and fourth anniversaries of the April 15, 2015 grant date (i.e., April 15, 2017, April 15, 2018 and April 15, 2019). Mr. Ritts has no voting rights with respect to these shares until they vest.