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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

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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

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.
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.
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.
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.
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.
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.