| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVPT | Common Stock | Sale | -$119K | -10K | -0.05% | $11.91 | 18.4M | Sep 16, 2024 | By Trusts and LLCs | F1 |
| transaction | AVPT | Common Stock | Sale | -$119K | -10K | -0.05% | $11.87 | 18.4M | Sep 17, 2024 | By Trusts and LLCs | F1 |
| transaction | AVPT | Common Stock | Sale | -$117K | -10K | -0.05% | $11.73 | 18.4M | Sep 18, 2024 | By Trusts and LLCs | F1, F2 |
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).
| Id | Content |
|---|---|
| F1 | The sale transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2024. |
| F2 | Includes (i) 7,102,219 shares held by KEM Phoenix LLC, (ii) 6,481,492 shares held by Fire Stone Family Trust, (iii) 1,608,724 shares held by The Bridge Water Trust, (iv) 1,608,724 shares held by The Cherry Tree Trust, (v) 804,757 shares held by KEM Lily LLC, and (vi) 804,757 shares held by KEM Rose LLC. The Reporting Person disclaims beneficial ownership with respect to the shares held by each trust and LLC, 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. |