SEC Form 4 · accession 0001225208-19-001387
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
Jan 23, 2019
Accepted (ET)
Jan 28, 2019 · 6:27 pm EST
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,F2 | Jan 23, 2019 | A | 5,622 | $0.00 | A | 11,195 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 23, 2019 (the "Date of Grant"), the compensation committee of the board of directors of the Company granted the reporting person an aggregate of 5,622 restricted shares (the "Shares") of common stock pursuant to a Restricted Stock Award Agreement. The Shares vest in equal annual installments on each of the first three anniversaries of the Date of Grant, subject to acceleration or forfeiture in certain circumstances.
- F2Includes 7,964 remaining unvested restricted shares of common stock, which, upon vesting, settle for shares of common stock, subject to acceleration or forfeiture.