Filing Details

Accession Number:
0000891836-16-000247
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-02 15:43:48
Reporting Period:
2016-08-01
Filing Date:
2016-08-02
Accepted Time:
2016-08-02 15:43:48
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
1048105 C William Erbey Po Box 25437
Christiansted, St. Croix VI 00824
No No 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 2016-08-02 800,000 $9.14 800,709 No 4 M Direct
Common Stock Acquisiton 2016-08-02 34,274 $13.58 834,983 No 4 M Direct
Common Stock Disposition 2016-08-02 500,000 $0.00 334,983 No 5 G Direct
Common Stock Acquisiton 2016-08-02 500,000 $0.00 500,000 No 5 G Indirect By Spouse
Common Stock Disposition 2016-08-01 57,142 $23.81 5,452,489 No 4 S Indirect By Salt Pond Holdings, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 5 G Direct
No 5 G Indirect By Spouse
No 4 S Indirect By Salt Pond Holdings, LLC
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options Disposition 2016-08-02 800,000 $0.00 800,000 $9.14
Common Stock Stock Options Disposition 2016-08-02 34,274 $0.00 34,274 $13.58
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-07-14 No 4 M Direct
0 2017-05-10 No 4 M Direct
Footnotes
  1. These stock options were granted to Mr. Erbey on May 10, 2007 and vested 6% on each of August 10, 2009, July 14, 2010, July 14, 2011, July 14, 2012, June 15, 2010, June 15, 2011, June 15, 2012 and June 15, 2013, and 13% on each of December 23, 2009, December 23, 2010, December 23, 2011 and December 23, 2012.
  2. These stock options were granted to Mr. Erbey on July 14, 2008 and vested 60% on August 10, 2009, and 20% on each of December 31, 2009 and December 31, 2010.
  3. Represents shares gifted by Mr. Erbey to his spouse, whose shares are beneficially owned by Mr. Erbey and as a result Mr. Erbey's pecuniary interest in such shares did not change.