Adam Hansard - Jan 11, 2023 Form 4 Insider Report for Applied Therapeutics Inc. (APLT)

Signature
/s/ Shoshana Shendelman, Attorney-in-Fact
Stock symbol
APLT
Transactions as of
Jan 11, 2023
Transactions value $
-$4,090
Form type
4
Date filed
1/13/2023, 03:30 PM
Previous filing
Aug 4, 2022
Next filing
Sep 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APLT Common Stock Sale -$4.09K -4.5K -4.64% $0.91 92.5K Jan 11, 2023 Direct F1
transaction APLT Common Stock Award $0 +300K +324.41% $0.00 392K Jan 11, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of compensatory Restricted Stock Units. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the reporting person.
F2 Consists of compensatory Restricted Stock Units granted under Applied Therapeutics, Inc.'s 2019 Equity Incentive Plan. Each compensatory Restricted Stock Unit represents a contingent right to receive one share of the issuer's common stock. One-fourth (1/4th) of the compensatory Restricted Stock Units shall vest on January 11, 2024, and one thirty-sixth (1/36th) of the remaining shares subject to the compensatory Restricted Stock Units shall vest each month thereafter, subject to the reporting person continuing to provide services through each such date.