SEC Form 4 · accession 0001225208-19-004985
Altisource Asset Management Corp · AAMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George G Ellison
Officer — Chief Executive Officer · Director
Period of report
Mar 7, 2019
Accepted (ET)
Mar 8, 2019 · 8:06 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 | Mar 7, 2019 | F | 2,082 | $36.21 | D | 102,614 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Such 2,082 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 Company's 2012 Equity Incentive Plan and the Restricted Stock Agreement between the reporting person and 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 the vesting date, which was March 7, 2019.
- F2Includes 74,902 remaining unvested restricted shares of common stock, which, upon vesting, settle for shares of common stock, subject to acceleration or forfeiture.