Filing Details

Accession Number:
0001225208-16-041278
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-08 10:58:03
Reporting Period:
2016-11-04
Filing Date:
2016-11-08
Accepted Time:
2016-11-08 10:58:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1462418 Altisource Portfolio Solutions S.a. ASPS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1289315 B William Shepro 40, Avenue Monterey
N4 L-2163
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-11-04 5,100 $24.45 129,464 No 4 P Indirect By William B. Shepro Revocable Trust
Common Stock Acquisiton 2016-11-04 1,030 $24.36 130,494 No 4 P Indirect By William B. Shepro Revocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By William B. Shepro Revocable Trust
No 4 P Indirect By William B. Shepro Revocable Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 56,600 Direct
Footnotes
  1. Represents shares purchased in the open market on November 4, 2016.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.42 to $24.46, inclusive. Mr. Shepro undertakes to provide to Altisource Portfolio Solutions S.A., any security holder of Altisource Portfolio Solutions S.A., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnote (1) to this Form 4.
  3. Represents 56,600 restricted shares of ASPS common stock, which are scheduled to vest (and will be issued) in three equal installments on the second, third and fourth anniversaries of the April 15, 2015 grant date (i.e., April 15, 2017, April 15, 2018 and April 15, 2019). Mr. Shepro has no voting rights with respect to these restricted shares until they vest.