Brian Michael Brown - Oct 5, 2023 Form 4 Insider Report for AvePoint, Inc. (AVPT)

Signature
/s/ Brian Michael Brown
Stock symbol
AVPT
Transactions as of
Oct 5, 2023
Transactions value $
-$280,630
Form type
4
Date filed
10/12/2023, 08:40 PM
Previous filing
Sep 25, 2023
Next filing
Nov 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVPT Common Stock Sale -$31.3K -4.47K -0.31% $7.00 1.46M Oct 5, 2023 Direct F1, F2, F3
transaction AVPT Common Stock Sale -$221K -31.5K -2.16% $7.02 1.43M Oct 6, 2023 Direct F1, F2, F3
transaction AVPT Common Stock Sale -$28.3K -4.04K -0.28% $7.00 1.42M Oct 9, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
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 The sale transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 15, 2023.
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, March 22, 2022 and March 23, 2023.