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
  1. Represents a private purchase of Altisource Portfolio Solutions S.A. common stock pursuant to a Purchase and Sale Agreement dated March 26, 2025.
  2. Includes 157,330 RSUs.
  3. 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.
  4. 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).