SEC Form 4 · accession 0001225208-17-004700
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
Feb 24, 2017
Accepted (ET)
Feb 27, 2017 · 3:47 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,F2 | Feb 24, 2017 | P | 25,000 | $21.9067 | A | 117,108 | I | Boston Provident Partners, L.P. |
| Common StockF3 | holding | — | — | — | 500 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares purchased in the open market on February 24, 2017.
- F2Mr. Kramer is the General Partner of Boston Provident Partners, L.P.
- F3Represents a one-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.