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

Role: CEO & Chairperson, Director, 10%+ Owner
Signature: /s/ Victoria Valenzuela, Attorney-in-fact
Issuer symbol: APP
Transactions as of: 13 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 13 Mar 2023, 17:04:55 UTC
Previous filing: 22 Feb 2023
Next filing: 23 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APP	Class A Common Stock	Award	$0	+520,472	+88%	$0.000000	1,109,448	13 Mar 2023	Direct	F1, F2
transaction	APP	Class A Common Stock	Award	$0	+6,902,000	+622%	$0.000000	8,011,448	13 Mar 2023	Direct	F3, F4
holding	APP	Class A Common Stock						3,036,000	13 Mar 2023	See footnote	F5
holding	APP	Class A Common Stock						1,536,000	13 Mar 2023	See footnote	F6
holding	APP	Class A Common Stock						786,000	13 Mar 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.