Filing Details

Accession Number:
0000905148-17-000437
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-27 20:58:46
Reporting Period:
2017-03-23
Filing Date:
2017-03-27
Accepted Time:
2017-03-27 20:58:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1462418 Altisource Portfolio Solutions S.a. ASPS Services-Miscellaneous Business Services (7380) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1655028 Deer Park Road Management Company, Lp 1195 Bangtail Way
Steamboat Springs CO 80487
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 2017-03-23 43,404 $28.15 1,580,679 No 4 P Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnotes
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Call Option (Right to Buy) Acquisiton 2017-03-24 1,000 $32.25 100,000 $35.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,000 2017-03-24 2017-04-21 No 4 P Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 43,399 Indirect See footnotes
Footnotes
  1. These shares of the Issuer's common stock ("Shares") and options to acquire Shares are held for the account of STS Master Fund, Ltd. Deer Park Road Management Company, LP ("Deer Park") serves as investment adviser to STS Master Fund, Ltd.
  2. These Shares are held for the account of SBF Opportunities Master Fund Limited. Deer Park serves as investment adviser to SBF Opportunities Master Fund Limited
  3. Deer Park Road Management GP, LLC ("DPRM") is the general partner of Deer Park. Deer Park Road Corporation ("DPRC") is the managing member of DPRM. Michael David Craig-Scheckman is the Chief Executive Officer of each of Deer Park and DPRC and the sole owner of DPRC. Each Reporting Person disclaims beneficial ownership of the Shares except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  4. This price reflects the weighted average price for open-market purchases of Shares made by the Reporting Persons on March 23, 2017 within a $1.00 range. The actual prices for these transactions range from $27.91 to $28.442112, inclusive. The Reporting Persons further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price reported herein.