Arash Adam Foroughi - Mar 13, 2023 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Stock symbol
APP
Transactions as of
Mar 13, 2023
Transactions value $
$0
Form type
4
Date filed
3/13/2023, 05:04 PM
Previous filing
Feb 22, 2023
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Award $0 +520K +88.37% $0.00 1.11M Mar 13, 2023 Direct F1, F2
transaction APP Class A Common Stock Award $0 +6.9M +622.11% $0.00 8.01M Mar 13, 2023 Direct F3, F4
holding APP Class A Common Stock 3.04M Mar 13, 2023 See footnote F5
holding APP Class A Common Stock 1.54M Mar 13, 2023 See footnote F6
holding APP Class A Common Stock 786K Mar 13, 2023 See footnote F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A common stock. 100% of the RSUs shall vest on February 20, 2024, subject to the Reporting Person continuing to be a service provider through each such date.
F2 These securities are represented by RSUs.
F3 These securities are performance-based restricted stock units ("PSUs"). Each PSU represents a contingent right to receive one share of Class A common stock. The PSUs are eligible to vest based on the Company's stock price performance over a performance period beginning on the first trading day following the Grant Date and ending on the fifth anniversary of the Grant Date, subject to the Reporting Person continuing to be a service provider through each such date.
F4 These securities are represented by RSUs and PSUs.
F5 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.
F6 Shares are held by The WHK Trust for the benefit of the Reporting Persons 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 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.