SEC Form 4 · accession 0001225208-17-010087
ALTISOURCE PORTFOLIO SOLUTIONS S.A. · ASPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph L Morettini
Director
Period of report
May 17, 2017
Accepted (ET)
May 19, 2017 · 9:09 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 | May 17, 2017 | A | 500 | $0.00 | A | 500 | D |
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 are scheduled to vest in four equal installments beginning on the date of the 2018 annual meeting of shareholders and continuing on the dates of the next three annual meetings of shareholders.