| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | APPF | Class A Common Stock | Conversion of derivative security | $0 | +8.5K | +155.99% | $0.00 | 13.9K | Jun 26, 2024 | Direct | F1 |
| transaction | APPF | Class A Common Stock | Sale | -$1.23M | -5.11K | -36.64% | $240.24 | 8.84K | Jun 26, 2024 | Direct | F2, F3 |
| transaction | APPF | Class A Common Stock | Sale | -$185K | -767 | -8.68% | $240.69 | 8.07K | Jun 27, 2024 | Direct | F3, F4 |
| transaction | APPF | Class A Common Stock | Sale | -$634K | -2.62K | -32.49% | $241.93 | 5.45K | Jun 27, 2024 | Direct | F3, F5 |
| 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 | -8.5K | -18.68% | $0.00 | 37K | Jun 26, 2024 | Class A Common Stock | 8.5K | $0.00 | Direct | F6, F7 |
| holding | APPF | Class B Common Stock | 12.5K | Jun 26, 2024 | Class A Common Stock | 12.5K | $0.00 | By Spouse | F6, F7 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | These shares of the Issuer's Class A Common Stock (each, a "Class A Share") were acquired by the Reporting Person upon the conversion of an equal number of shares of the Issuer's Class B Common Stock (each, a "Class B Share") that had been beneficially owned by the Reporting Person. |
| F2 | This transaction was executed in multiple trades with sales prices ranging from $240.00 to $240.64. The price reported above reflects the weighted average sales price for the cumulative trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer information regarding the individual trades. |
| F3 | Sale made pursuant to a plan adopted on March 15, 2024. |
| F4 | This transaction was executed in multiple trades with sales prices ranging from $240.25 to $241.23. The price reported above reflects the weighted average sales price for the cumulative trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer information regarding the individual trades. |
| F5 | This transaction was executed in multiple trades with sales prices ranging from $241.46 to $242.38. The price reported above reflects the weighted average sales price for the cumulative trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer information regarding the individual trades. |
| F6 | 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. |
| F7 | 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. |