| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AVPT | Common Stock | Award | $718K | +39.4K | +8.08% | $18.22 | 527K | Dec 10, 2024 | Direct | F1 |
| transaction | AVPT | Common Stock | Award | $729K | +39.4K | +7.47% | $18.53 | 566K | Dec 10, 2024 | Direct | F2 |
| transaction | AVPT | Common Stock | Tax liability | -$574K | -31K | -5.47% | $18.53 | 535K | Dec 10, 2024 | Direct | F3, F5 |
| transaction | AVPT | Common Stock | Award | $1.58M | +86.9K | +0.56% | $18.22 | 15.7M | Dec 10, 2024 | Held by trusts and LLCs | F1 |
| transaction | AVPT | Common Stock | Award | $1.61M | +86.8K | +0.55% | $18.53 | 15.8M | Dec 10, 2024 | Held by trusts and LLCs | F2, F4 |
| Id | Content |
|---|---|
| F1 | Under the business combination agreement and plan of reorganization with Apex Technology Acquisition Corporation, Inc. and the other parties thereto, as amended, if at any time from July 1, 2021 through July 1, 2028, AvePoint's closing stock price is greater than or equal to $12.50 over any 20 trading days within any 30 day trading day period ("First Milestone"), certain holders of AvePoint common stock and certain holders of AvePoint options, including the Reporting Person, shall be issued up to 1,000,000 shares of AvePoint common stock in the aggregate. The price was determined to be the closing price on December 3, 2024, the date the First Milestone was achieved. Shares granted hereunder to the Reporting Person are being restricted pending completion of the HSR process. |
| F2 | Under the business combination agreement and plan of reorganization with Apex Technology Acquisition Corporation, Inc. and the other parties thereto, as amended, if at any time from July 1, 2021 through July 1, 2028, AvePoint's closing stock price is greater than or equal to $15.00 over any 20 trading days within any 30 day trading day period ("Second Milestone"), certain holders of AvePoint common stock and certain holders of AvePoint options, including the Reporting Person, shall be issued up to 1,000,000 shares of AvePoint common stock in the aggregate. The price was determined to be the closing price on December 9, 2024, the date the Second Milestone was achieved. Shares granted hereunder to the Reporting Person are being restricted pending completion of the HSR process. |
| F3 | Includes 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 on a Form 4 filed with the Securities and Exchange Commission on September 3, 2021, March 22, 2022, March 23, 2023 and March 7, 2024. |
| F4 | Includes (i) 4,465,861 shares held by Capella 2023 GRAT, (ii) 3,958,101 shares held by River Valley, Ltd., (iii) 3,289,396 shares held by Capella 2022 GRAT, (iv) 2,663,680 shares held by Red Kite, LLC, (v) 1,187,786 shares held by Capella 2022 GRAT II, (vi) 172,000 shares held by the Reporting Person's spouse, and (vii) 88,086 shares held by Capella 2021 GRAT. 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. |
| 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 securities and does not represent a discretionary transaction by the Reporting Person. |