Filing Details
- Accession Number:
- 0001664272-25-000268
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-04-09 12:51:05
- Reporting Period:
- 2025-04-09
- Filing Date:
- 2025-04-09
- Accepted Time:
- 2025-04-09 12:51:05
- 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 |
---|---|---|---|---|---|---|---|
1621907 | J. Gregory Ritts | C/O Altisource Portfolio Solutions S.a. 33, Boulevard Prince Henri Luxembourg N4 L-1724 | Chief Legal/Compliance Officer | 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 | 2025-04-09 | 20,000 | $0.48 | 272,041 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Net Settle Stakeholder Warrants (Right to Buy) | Acquisiton | 2025-04-09 | 20,000 | $0.00 | 32,500 | $1.95 |
Common Stock | Cash Exercise Stakeholder Warrants (Right to Buy) | Acquisiton | 2025-04-09 | 20,000 | $0.00 | 32,500 | $1.95 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
945,410 | 2032-04-30 | No | 4 | A | Direct | |
945,410 | 2029-04-02 | No | 4 | A | Direct |
Footnotes
- Represents a private purchase of Altisource Portfolio Solutions S.A. common stock pursuant to a Purchase and Sale Agreement dated March 26, 2025.
- Includes 157,330 RSUs.
- The reporting person received the Cash Exercise Stakeholder Warrants ("Cash Exercise Warrants") and the Net Settle Stakeholder Warrants ("Net Settle Warrants," and collectively with the Cash Exercise Warrants, the "Warrants") as part of a distribution by the Issuer of transferable warrants to certain securityholders of the Issuer for no consideration.
- The initial exercise date of the Warrants is the later of (i) July 2, 2025 and (ii) first date on which the VWAP (as defined in the Warrant Agent Agreement, a copy of which was filed as Exhibit 4.1 to the Issuer's Current Report on Form 8-K filed with the SEC on April 2, 2025 (the "Warrant Agreement")) of the common stock equals or exceeds the Implied Per Share Exercise Price (as defined in the Warrant Agreement) of the Warrants (initially, $1.20).