| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVPT | Common Stock | Tax liability | -$49.2K | -9.95K | -2.2% | $4.94 | 443K | Mar 1, 2023 | Direct | F1, F2, F3 |
| holding | AVPT | Common Stock | 5.74M | Mar 1, 2023 | By LLCs | F4 | |||||
| holding | AVPT | Common Stock | 11.5M | Mar 1, 2023 | By Trusts | F5 |
| 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 | 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 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 and March 22, 2022. |
| F4 | Includes (i) 804,757 shares held by Cadenza Holdings LLC, (ii) 4,696,958 shares held by Gicoso Holdings LLC and (iii) 239,431 shares held by Vivace Holdings LLC. The Reporting Person disclaims beneficial ownership with respect to the shares held by each of the limited liability companies, except to the extent his pecuniary interest therein and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for the purposes of Section 16 or for any other purpose. |
| F5 | Includes (i) 7,476,264 shares are by G Sonata Trust, (ii) 2,011,112 shares held by Purple Cove Trust and (iii) 2,011,112 shares held by Purple Harbor Trust. The Reporting Person is the trustee of each trust reported herein. The Reporting Person disclaims beneficial ownership with respect to the shares held by each of the trusts, except to the extent his pecuniary interest therein and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for the purposes of Section 16 or for any other purpose. |