Brian Michael Brown - Mar 21, 2022 Form 4 Insider Report for AvePoint, Inc. (AVPT)

Role: General Counsel, Director
Signature: /s/ Brian Michael Brown
Stock symbol: AVPT
Transactions as of: Mar 21, 2022
Transactions value $: $233,036
Form type: 4
Date filed: 3/22/2022, 08:10 PM
Previous filing: Sep 3, 2021
Next filing: Jul 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVPT	Common Stock	Award	$0	+54.8K	+2.63%	$0.00	2.14M	Mar 21, 2022	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	$233K	+39.6K		$5.88	39.6K	Mar 21, 2022	Common Stock	39.6K	$5.88	Direct	F4, F5

* 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 March 21, 2023; 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 (A) 1,738,288 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 and (B) aggregate vested and unvested RSUs held by the Reporting Person subject to the vesting schedules previously reported on Table I on a Form 4 filed with the Securities and Exchange Commission on September 3, 2021.
F4	This security represents options to purchase the Issuer's common stock granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan.
F5	25% of the shares underlying this option will vest on March 21, 2023; 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.