| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | APPF | Class A Common Stock | Conversion of derivative security | $0 | +9K | $0.00 | 9K | Feb 23, 2024 | By Family Trust | F1, F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | APPF | Class B Common Stock | Conversion of derivative security | $0 | -9K | -1.82% | $0.00 | 486K | Feb 23, 2024 | Class A Common Stock | $0.00 | By Family Trust | F1, F2, F3 | |
| holding | APPF | Class B Common Stock | 593K | Feb 23, 2024 | Class A Common Stock | $0.00 | Direct | F2, F3 | ||||||
| holding | APPF | Class B Common Stock | 40K | Feb 23, 2024 | Class A Common Stock | $0.00 | See footnote | F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | These 9,000 shares of the Issuer's Class A Common Stock (each, a "Class A Share") were acquired by the Reporting Person upon the conversion of 9,000 shares of the Issuer's Class B Common Stock (each, a "Class B Share") that had been owned by the Reporting Person. |
| F2 | Each Class B Share is convertible, at any time at the option of the holder, into one share of the Issuer's Class A Share. In addition, Class B Shares that are sold or otherwise transferred will convert automatically, on a one-for-one basis, into Class A Shares, except for (i) any transfer by a partnership or limited liability company that was a registered holder of Class B Shares prior to June 30, 2015 that is made to anyone who was a partner or member of any such partnership or limited liability company prior to June 30, 2015, and (ii) any transfer to a "qualified recipient" (as defined in the Issuer's Amended and Restated Certificate of Incorporation). |
| F3 | (Continued from Footnote 2) The Issuer's Class B Shares do not have an expiration date. However, all of the outstanding Class B Shares will convert automatically into Class A Shares, on a one-for-one basis, on the date when the number of the Issuer's outstanding Class B Shares represents less than 10% of the sum of its outstanding Class A Shares and Class B Shares. |
| F4 | These Class B Shares are held in two limited partnerships, of which the Report Person acts as manager. The Reporting Person maintains sole voting and dispositive power over these Class B Shares. The Reporting Person disclaims any beneficial ownership over these shares except to the extent of his pecuniary interest therein. |