John Chi On Ho - Dec 20, 2024 Form 4 Insider Report for AvePoint, Inc. (AVPT)

Role
Director
Signature
/s/ Brian Michael Brown, Attorney-in-Fact
Stock symbol
AVPT
Transactions as of
Dec 20, 2024
Transactions value $
$415,069
Form type
4
Date filed
12/26/2024, 04:06 PM
Previous filing
Dec 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVPT Common Stock Award $415K +23.4K +0.55% $17.76 4.29M Dec 20, 2024 Held by Balmoral Blue Limited F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 $17.50 over any 20 trading days within any 30 day trading day period ("Third 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 18, 2024, the date the Third Milestone was achieved.