Deer Park Road Management Company, LP's Form 4 filing
Altisource Portfolio Solutions S.A. (ASPS) · filed Feb 14, 2023
- Accession no.
- 0001140361-23-007062
- Filed
- Feb 14, 2023, 5:53 PM ET
- Trade date
- Feb 10-14, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions. Open-market purchases total $2.19M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Deer Park Road Management Company, LPCIK 0001655028 | 10% Owner, Other: See Remarks |
| Deer Park Road Management GP, LLCCIK 0001702367 | 10% Owner, Other: See Remarks |
| Deer Park Road CorpCIK 0001702490 | 10% Owner, Other: See Remarks |
| Craig-Scheckman MichaelCIK 0001702931 | 10% Owner, Other: See Remarks |
| Burg Scott EdwardCIK 0001721438 | 10% Owner, Other: See Remarks |
| AgateCreek LLCCIK 0001721440 | 10% Owner, Other: See Remarks |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 10, 2023 | Common Stock | PPurchaseAcquired | +41,000 | $4.74F1 | +$194,491.7 | 3,836,899 | Indirect | |
| Feb 14, 2023 | Common Stock | PPurchaseAcquired | +400,000 | $5.00 | +$2,000,000 | 4,236,899 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares of the Issuer's Common Stock ("Shares") were purchased in multiple transactions at prices ranging from $4.48 to $4.965, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of Shares purchased at each separate price within the ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
Remarks
Ms. Hickok, Managing Director at Deer Park, serves on the Issuer's board of directors (the "Board") as a representative of Deer Park. By virtue of their representation on the Board, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons are deemed to be directors by deputization of Ms. Hickok.