SEC Form 4 · accession 0001225208-17-014444
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 30, 2017
Accepted (ET)
Sep 1, 2017 · 10:21 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,F3 | Aug 30, 2017 | P | 20,000 | $22.24 | A | 137,108 | I | Boston Provident Partners, L.P. |
| Common StockF4,F5,F3 | Aug 31, 2017 | P | 5,000 | $22.74 | A | 142,108 | I | Boston Provident Partners, L.P. |
| Common StockF6 | holding | — | — | — | 3,127 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares purchased in the open market on August 30, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.92 to $22.59, inclusive. Mr. Kramer undertakes to provide to Altisource Portfolio Solutions S.A., any security holder of Altisource Portfolio Solutions S.A., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (2) to this Form 4.
- F3Mr. Kramer manages Boston Provident Partners, L.P.
- F4Represents shares purchased in the open market on August 31, 2017.
- F5The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $22.65 to $22.77, inclusive. Mr. Kramer undertakes to provide to Altisource Portfolio Solutions S.A., any security holder of Altisource Portfolio Solutions S.A., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (5) to this Form 4.
- F6Includes 375 restricted shares of ASPS common stock scheduled to vest in three equal installments on the dates of the next three annual meetings of shareholders of the Issuer.
Remarks
SEE EXHIBIT 24 - POWER OF ATTORNEY