SEC Form 4 · accession 0001225208-16-038206
ALTISOURCE PORTFOLIO SOLUTIONS S.A. · ASPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Orin S Kramer
Director
Period of report
Aug 18, 2016
Accepted (ET)
Aug 22, 2016 · 3:15 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 | Aug 18, 2016 | A | 500 | $0.00 | A | 500 | D | |
| Common StockF2 | holding | — | — | — | 92,108 | I | Boston Provident Partners, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1One-time grant of 500 restricted shares of common stock to new non-management Directors on the date of initial election to the Board of Directors. The restricted shares will vest in four equal installments annually on the date of our annual meeting of shareholders, with the first installment vesting on the date of our 2017 Annual Meeting of Shareholders.
- F2Mr. Kramer is the General Partner of Boston Provident Partners, L.P.