Brian Michael Brown - Sep 1, 2021 Form 4 Insider Report for AvePoint, Inc. (AVPT)

Role
General Counsel, Director
Signature
/s/ Brian Michael Brown
Stock symbol
AVPT
Transactions as of
Sep 1, 2021
Transactions value $
$6,024,094
Form type
4
Date filed
9/3/2021, 04:09 PM
Previous filing
Jul 1, 2021
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVPT Common Stock Award $0 +259K +14.23% $0.00 2.08M Sep 1, 2021 Direct F1, F2, F3

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 AVPT Stock Option (Right to Buy) Award $6.02M +625K $9.64 625K Sep 1, 2021 Common Stock 625K $9.64 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This security represents restricted stock units (each, an "RSU") granted to the reporting person under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F2 25% of the RSUs will vest on September 1, 2022; the remaining RSUs vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service with the Issuer as of the applicable vesting date.
F3 Includes 1,732,488 shares that the Reporting Person is entitled to receive pursuant to an agreement between the Issuer and the Reporting Person, dated as of June 30, 2021, upon the earlier of (i) July 1, 2022 and (ii) specified events including change of control of the Issuer, separation of service and the reporting person's disability or death.
F4 25% of the shares underlying this option will vest on September 1, 2022; the remaining options vest and become exercisable in 12 equal quarterly installments thereafter, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.