| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVPT | Common Stock | Sale | -$8.29M | -1.35M | -15.4% | $6.16 | 7.39M | Jun 13, 2023 | Held by Avatar Investment Solutions (A), LLC | F1, F2, F3, F8 |
| transaction | AVPT | Common Stock | Sale | -$6.49M | -1.05M | -15.4% | $6.16 | 5.79M | Jun 13, 2023 | Held by Avatar Investment Solutions 1, LLC | F2, F4, F5, F8 |
| transaction | AVPT | Common Stock | Sale | -$12.9M | -2.1M | -15.4% | $6.16 | 11.5M | Jun 13, 2023 | Held by Avatar Investment Opportunities, LLC | F2, F6, F7, F8 |
| Id | Content |
|---|---|
| F1 | Includes 213,895 shares of Common Stock that the Reporting Persons have the right to receive if the trading price of the Common Stock reaches certain thresholds (the "Contingent Consideration"), which were inadvertently reported as 213,106 shares in the Form 3 filed by the Reporting Persons on July 12, 2021. |
| F2 | The Contingent Consideration vests in equal thirds if the trading price of Common Stock is greater than or equal to $12.50, $15.00 and $17.50, respectively, for any 20 trading days within any 30-trading day period (the "Milestones"). If the Milestones are not met by the seventh anniversary of the closing of the issuer's initial public offering, then the unvested Contingent Consideration will be forfeited. |
| F3 | These shares are owned directly by Avatar Investment Solutions (A), LLC. Avatar Investment Solutions (A), LLC's managing member is TCS Finance (A), LLC, the managing member of which is Sixth Street Growth GenPar, L.P. (formerly known as TSSP Capital Solutions GenPar, L.P.), a Delaware limited partnership. Sixth Street Growth GenPar, L.P. is ultimately indirectly controlled by Sixth Street Partners Management Company, L.P., a Delaware limited partnership ("Management Company"). Management Company is managed by its general partner, whose managing member is Alan Waxman. |
| F4 | Includes 167,571 shares of Contingent Consideration, which were inadvertently reported as 166,953 shares in the Form 3 filed by the Reporting Persons on July 12, 2021. |
| F5 | These shares are owned directly by Avatar Investment Solutions 1, LLC. Avatar Investment Solutions 1, LLC's managing member is TCS Finance 1, LLC, the manager of which is Sixth Street Growth GenPar, L.P. Sixth Street Growth GenPar, L.P. is ultimately indirectly controlled by Management Company. Management Company is managed by its general partner, whose managing member is Alan Waxman. |
| F6 | Includes 333,783 shares of Contingent Consideration, which were inadvertently reported as 332,552 shares in the Form 3 filed by the Reporting Persons on July 12, 2021. |
| F7 | These shares are owned directly by Avatar Investment Opportunities, LLC. Avatar Investment Opportunities, LLC's managing member is Redwood IV Finance 1, LLC, the managing member of which is Sixth Street Opportunities GenPar IV, L.P. (formerly known as TSSP Opportunities GenPar IV, L.P.). Sixth Street Opportunities GenPar IV, L.P. is ultimately indirectly controlled by Management Company. Management Company is managed by its general partner, whose managing member is Alan Waxman. |
| F8 | Each of Management Company and Alan Waxman disclaim beneficial ownership over the reported securities, except to the extent of their pecuniary interest therein. |
9. Joshua Peck is signing on behalf of Mr. Waxman pursuant to an authorization and designation letter dated June 15, 2023, which was previously filed with the Commission as an exhibit to the Schedule 13D filed by Mr. Waxman on July 15, 2023 (SEC File No. 005-91137).