SEC Form 4 · accession 0001225208-16-032648
Altisource Asset Management Corp · AAMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen H Gray
Officer — General Counsel & Secretary
Period of report
Apr 26, 2016
Accepted (ET)
May 4, 2016 · 9:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001555074
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 26, 2016 | F | 460 | $15.37 | D | 6,408 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Such 460 shares were forfeited by the reporting person to cover the tax withholdings on the vesting of his Common Stock pursuant to the terms of the Restricted Stock Agreement with the Company. The price per share used to determine the tax withholdings was the average of the high and low sale prices of the Company's common stock on April 26, 2016.