Rene A. Rodriguez - Jan 1, 2022 Form 4 Insider Report for Appgate, Inc. (APGT)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	APGT	Restricted Stock Units	Award	$0	+132K		$0.00	132K	Jan 1, 2022	Common Stock	132K		Direct	F1, F2, F4
transaction	APGT	Restricted Stock Units	Award	$0	+132K		$0.00	132K	Jan 1, 2022	Common Stock	132K		Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Appgate, Inc. common stock.
F2	The restricted stock units vest as follows: 25% on January 1, 2022 and 6.25% on the first day of each calendar quarter starting on April 1, 2022.
F3	The restricted stock units vest as follows: 25% on January 1, 2023 and 6.25% on the first day of each calendar quarter starting on April 1, 2023.
F4	In each case, vesting will not be effective until the earliest to occur of (a) the listing of Appgate's common stock on either the NASDAQ or NYSE and (b) a Change in Control as defined in the Appgate, Inc. 2021 Incentive Compensation Plan (the "Vesting Event"). Any restricted stock units that would have otherwise vested prior to the Vesting Event, but did not vest because the Vesting Event had not occurred as of such time, shall, to the extent the time vesting would have otherwise occurred as of the date of the Vesting Event, immediately be vested on the date of the Vesting Event (and the date of such Vesting Event shall be deemed the vesting date for such restricted stock units) regardless of whether Mr. Rodriguez was in continuous service with Appgate as of the date of the Vesting Event.