SEC Form 4 · accession 0001225208-17-004062
ALTISOURCE PORTFOLIO SOLUTIONS S.A. · ASPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William B Shepro
Officer — Chief Executive Officer · Director
Period of report
Feb 21, 2017
Accepted (ET)
Feb 22, 2017 · 1:03 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 21, 2017 | P | 4,000 | $24.95 | A | 134,494 | I | By William B. Shepro Revocable Trust |
| Common StockF1 | Feb 21, 2017 | P | 1,250 | $24.10 | A | 135,744 | I | By William B. Shepro Revocable Trust |
| Common StockF2 | holding | — | — | — | 56,600 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares purchased in the open market on February 21, 2017.
- F2Represents 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. Shepro has no voting rights with respect to these restricted shares until they vest.