Filing Details

Accession Number:
0001140361-16-084619
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-02 20:34:26
Reporting Period:
2016-10-31
Filing Date:
2016-11-02
Accepted Time:
2016-11-02 20:34:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1462418 Altisource Portfolio Solutions S.a. ASPS () NY
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
898382 G Leon Cooperman 11431 W. Palmetto Park Road
Boca Raton FL 33428
No No Yes 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 Disposition 2016-10-31 34,900 $25.97 487,701 No 4 S Indirect Omega Capital Partners L.P.
Common Stock Disposition 2016-10-31 162,900 $25.97 360,442 No 4 S Indirect Omega Overseas Partners, Ltd.
Common Stock Disposition 2016-10-31 45,800 $25.97 149,835 No 4 S Indirect Omega Capital Investors L.P.
Common Stock Disposition 2016-10-31 18,500 $25.97 271,987 No 4 S Indirect Omega Equity Investors L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Omega Capital Partners L.P.
No 4 S Indirect Omega Overseas Partners, Ltd.
No 4 S Indirect Omega Capital Investors L.P.
No 4 S Indirect Omega Equity Investors L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 460,000 Indirect Omega Charitable Partners
Footnotes
  1. The securities are held in the account of Omega Capital Partners, LP, a private investment entity over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  2. The securities are held in the account of Omega Equity Investors, LP, a private investment entity over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  3. The securities are held in the account of Omega Capital Investors, LP, a private investment entity over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  4. The securities are held in the account of Omega Overseas Partners Ltd, a private investment entity over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities herein shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  5. The securities are held in the account of Omega Charitable Partnership L.P, an exempted limited partnership registered in the Cayman Islands over which the reporting person has investment discretion. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.
  6. The reporting person's sale of ASPS common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 275,000 shares, with the reporting person's purchase of 275,000 shares of ASPS common stock at a price of $25.9664 per share on October 31, 2016. The reporting person has agreed to pay ASPS, upon settlement of the sale, $425,208.68, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.