SEC Form 4 · accession 0001664272-19-000001
ALTISOURCE PORTFOLIO SOLUTIONS S.A. · ASPS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle D. Esterman
Officer — Chief Financial Officer
Period of report
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 2:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001462418
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F2 | — | Jan 29, 2019 | A | 15,000 | A | — | — | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1On January 29, 2019, Ms. Esterman was granted 15,000 time-based restricted share units ("RSUs"). Each RSU represents a contingent right to receive one share of ASPS common stock.
- F2The RSUs are scheduled to vest in three equal installments on the first, second and third anniversaries of the grant date (i.e., January 29, 2020, January 29, 2021 and January 29, 2022).