Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | APPF | Class A Common Stock | Conversion of derivative security | $0 | +572K | +2543.83% | $0.00 | 594K | Jan 27, 2022 | By Trust | |
holding | APPF | Class A Common Stock | 22K | Jan 27, 2022 | Direct |
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 | -572K | -100% | $0.00* | 0 | Jan 27, 2022 | Class A Common Stock | 572K | $0.00 | By Trust | F1, F2 |
holding | APPF | Class B Common Stock | 7.19K | Jan 27, 2022 | Class A Common Stock | 7.19K | $0.00 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, except for any transfers (i) by a partnership or limited liability company that was a registered holder of shares of Class B Common Stock to anyone who was a partner or member of any such partnership or limited liability company at the effective time, and (ii) to a "qualified recipient," as defined in the Issuer's amended and restated certificate of incorporation. The shares of Class B Common Stock have no expiration date. |
F2 | All of the outstanding shares of Class B Common Stock will convert automatically into shares of Class A Common Stock, on a one share for one share basis, on the date when the number of the Issuer's outstanding shares of Class B Common Stock represents less than 10% of the sum of its outstanding shares of Class A Common Stock and Class B Common Stock. |