Zhijian Lu - Oct 17, 2024 Form 4 Insider Report for AvePoint, Inc. (AVPT)

Role: 10%+ Owner
Signature: /s/ Brian Michael Brown, Attorney-in-Fact
Stock symbol: AVPT
Transactions as of: Oct 17, 2024
Transactions value $: -$364,400
Form type: 4
Date filed: 10/21/2024, 06:51 PM
Previous filing: Oct 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVPT	Common Stock	Sale	-$121K	-10K	-0.05%	$12.10	18.3M	Oct 17, 2024	By Trusts and LLCs	F1
transaction	AVPT	Common Stock	Sale	-$122K	-10K	-0.05%	$12.24	18.3M	Oct 18, 2024	By Trusts and LLCs	F1
transaction	AVPT	Common Stock	Sale	-$121K	-10K	-0.05%	$12.10	18.3M	Oct 21, 2024	By Trusts and LLCs	F1, F2

* 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	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) 6,391,492 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.

Content

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.

Includes (i) 7,102,219 shares held by KEM Phoenix LLC, (ii) 6,391,492 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.