Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AVPT | Common Stock | Tax liability | -$36K | -7.31K | -0.55% | $4.92 | 1.33M | Dec 2, 2022 | Direct | F1, F2, F3 |
Id | Content |
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F1 | This security represents the Issuer's common stock as well as 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 | Exempt transaction consisting of the payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. The shares reported as disposed of in this Form 4 represent the number of shares of the Issuer's common stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the securities and does not represent a discretionary transaction by the Reporting Person. |
F3 | Includes (i) 950,498 shares that the Reporting Person received on July 5, 2022 pursuant to an agreement between the Issuer and the Reporting Person, dated as of June 30, 2021, net of exercise costs and amounts withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the shares (as reported in Column 4 of this Form 4) and (ii) aggregate vested and unvested RSUs held by the Reporting Person subject to the vesting schedules previously reported on Table I of Form 4s filed with the Securities and Exchange Commission on September 3, 2021 and March 22, 2022. |