SEC Form 4 · accession 0001225208-16-030494
ALTISOURCE PORTFOLIO SOLUTIONS S.A. · ASPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin James Wilcox
Officer — Chief Administration Officer
Period of report
Mar 30, 2016
Accepted (ET)
Mar 31, 2016 · 11:54 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 StockF1,F2 | Mar 30, 2016 | M | 8,130 | $13.58 | A | 53,310 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $13.58 | Mar 30, 2016 | M | 8,130 | D | Aug 10, 2009 | May 10, 2017 | Common Stock | 8,130 | 0 | D |
Explanation of responses
- F1Acquired by the exercise of options granted pursuant to an employee stock option award that expires in May 2017.
- F2Includes 20,500 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. Wilcox has no voting rights with respect to these shares until they vest.