Filing Details

Accession Number:
0000905148-20-000900
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-18 16:16:39
Reporting Period:
2020-08-14
Accepted Time:
2020-08-18 16:16:39
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
1702367 Deer Park Road Management Gp, Llc 1195 Bangtail Way
Steamboat Springs CO 80487
No No No No
1702490 Deer Park Road Corp 1195 Bangtail Way
Steamboat Springs CO 80487
No No No No
1702931 Michael Craig-Scheckman 1195 Bangtail Way
Steamboat Springs CO 80487
No No No No
1721438 Edward Scott Burg 1195 Bangtail Way
Steamboat Springs CO 80487
No No No No
1721440 Agatecreek Llc 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 2020-08-14 117,875 $8.83 3,737,631 No 4 P Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 8,509 Indirect See footnote
Footnotes
  1. These shares of the Issuer's common stock ("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. Deer Park Road Management GP, LLC ("DPRM") is the general partner of Deer Park. Each of Deer Park Road Corporation ("DPRC") and AgateCreek LLC ("AgateCreek") is a member of DPRM. Michael Craig-Scheckman is the Chief Executive Officer of each of Deer Park and DPRC and the majority owner of DPRC. Scott Edward Burg is the Chief Investment Officer of Deer Park and the sole member of AgateCreek. 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.
  3. This price reflects the weighted average price for open-market purchases of Shares made by the Reporting Persons on August 14, 2020 within a $1.00 range. The actual prices for these transactions range between $8.35 to $8.90. 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.
  4. These Shares were awarded to Mr. Burg in connection with his service as a non-management director of the Issuer.