SEC Form 4 · accession 0001225208-17-016727
ALTISOURCE PORTFOLIO SOLUTIONS S.A. · ASPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Indroneel Chatterjee
Officer — Chief Financial Officer
Period of report
Oct 31, 2017
Accepted (ET)
Nov 1, 2017 · 3:30 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 Stock | Oct 31, 2017 | P | 900 | $26.32 | A | 900 | I | By Spouse |
| Common Stock | Oct 31, 2017 | P | 300 | $26.31 | A | 1,200 | I | By Spouse |
| Common StockF1 | holding | — | — | — | 19,533 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 19,533 time-based restricted shares of ASPS common stock, which are scheduled to vest in four equal installments on the first, second, third and fourth anniversaries of the October 5, 2017 grant date (i.e., October 5, 2018, October 5, 2019, October 5, 2020 and October 5, 2021). Mr. Chatterjee has no voting rights with respect to these shares until they vest.