James Caci - Mar 13, 2023 Form 4 Insider Report for AvePoint, Inc. (AVPT)

Role: Chief Financial Officer
Signature: /s/ Brian Michael Brown, Attorney-in-Fact
Stock symbol: AVPT
Transactions as of: Mar 13, 2023
Transactions value $: $546,766
Form type: 4
Date filed: 3/23/2023, 10:04 AM
Previous filing: Jan 4, 2023
Next filing: Apr 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVPT	Common Stock	Award	$0	+249K	+79.83%	$0.00	560K	Mar 13, 2023	Direct	F1, F2, F3
transaction	AVPT	Common Stock	Tax liability	-$46.9K	-11.3K	-2.02%	$4.15	549K	Mar 21, 2023	Direct	F3, F4, F5

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	$594K	+141K		$4.22	141K	Mar 13, 2023	Common Stock	141K	$4.22	Direct	F6, F7

* 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 13, 2024; 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 non-RSU common stock as well as 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.
F4	This security represents 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.
F5	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 RSUs and does not represent a discretionary transaction by the Reporting Person.
F6	This security represents options to purchase the Issuer's common stock granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan.
F7	25% of the shares underlying this option will vest on March 13, 2024; the remaining options vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service with the Issuer as of the applicable vesting date.