| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVPT | Common Stock | Award | $0 | +161K | +30.32% | $0.00 | 691K | Mar 5, 2024 | Direct | F1, F2, F3 |
| transaction | AVPT | Common Stock | Award | $0 | +53.6K | +7.76% | $0.00 | 745K | Mar 5, 2024 | Direct | F1, F3, F4 |
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | 25% of the RSUs will vest on March 05, 2025, and 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, March 22, 2022, and March 23, 2023. |
| F4 | Represents performance-based RSUs based upon two metrics: FY25 GAAP Profitability and Non-GAAP Rule of 40. Actual payouts may represent 50% to 150% of granted value. These performance-based RSUs will vest 50% on March 5, 2026 and then 25% annually after, using FY25 as the performance period. |