Arash Adam Foroughi - Nov 1, 2022 Form 4 Insider Report for AppLovin Corp (APP)

Role
CEO & Chairperson, Director, 10%+ Owner
Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Stock symbol
APP
Transactions as of
Nov 1, 2022
Transactions value $
$0
Form type
4
Date filed
11/28/2022, 08:00 AM
Previous filing
May 19, 2021
Next filing
Dec 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Conversion of derivative security $0 +7.5M $0.00 7.5M Nov 1, 2022 See Footnote F1, F2
transaction APP Class A Common Stock Gift $0 -7.5M -100% $0.00* 0 Nov 1, 2022 See Footnote F1, F2
transaction APP Class A Common Stock Gift $0 +3.75M $0.00 3.75M Nov 1, 2022 See Footnote F1, F3
transaction APP Class A Common Stock Gift $0 +2.25M $0.00 2.25M Nov 1, 2022 See Footnote F1, F4
transaction APP Class A Common Stock Gift $0 +1.5M $0.00 1.5M Nov 1, 2022 See Footnote F1, F5
holding APP Class A Common Stock 100K Nov 1, 2022 See Footnote F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction APP Class B Common Stock Conversion of derivative security $0 -7.5M -89.84% $0.00 848K Nov 1, 2022 Class A Common Stock 7.5M See Footnote F1, F2
holding APP Class B Common Stock 27.9M Nov 1, 2022 Class A Common Stock 27.9M Direct F7
holding APP Class B Common Stock 237K Nov 1, 2022 Class A Common Stock 237K See Footnote F7, F8
holding APP Class B Common Stock 237K Nov 1, 2022 Class A Common Stock 237K See Footnote F7, F9
holding APP Class B Common Stock 237K Nov 1, 2022 Class A Common Stock 237K See Footnote F7, F10
holding APP Class B Common Stock 237K Nov 1, 2022 Class A Common Stock 237K See Footnote F7, F11
holding APP Class B Common Stock 237K Nov 1, 2022 Class A Common Stock 237K See Footnote F7, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with estate planning by the Reporting Person, the reported shares of Class B Common Stock automatically converted into an equal number of shares of Class A Common Stock of the Issuer and were transferred as a bona fide gift to certain trusts for which the Reporting Person's children are beneficiaries. Shares of Class B Common Stock are exchangeable at any time, at the option of the Reporting Person and automatically in connection with certain transfers and upon certain other events, into an equal number of shares of Class A Common Stock.
F10 Shares are held by KMF 2020 LLC for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F11 Shares are held by OHF 2020 LLC for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F12 Shares are held by WNF 2020 LLC for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F2 Shares are held by The Foroughi 2015 Irrevocable Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F3 Shares are held by The JAF Children's Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F4 Shares are held by The WHK Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F5 Shares are held by The OD Trust for which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F6 Shares are held by The Adam and Jaclyn Foroughi 2011 Family Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F7 Shares of Class B Common Stock are exchangeable at any time, at the option of the Reporting Person and automatically in connection with certain transfers and upon certain other events, into an equal number of shares of Class A Common Stock.
F8 Shares are held by DLF 2020 LLC for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F9 Shares are held by HDF 2020 LLC for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.