Vasily Shikin - Mar 13, 2023 Form 4 Insider Report for AppLovin Corp (APP)

Role
Chief Technology Officer
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, 05:05 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 +37.61% $0.00 1.9M Mar 13, 2023 Direct F1, F2
transaction APP Class A Common Stock Award $0 +6.9M +362.44% $0.00 8.81M Mar 13, 2023 Direct F3, F4
holding APP Class A Common Stock 390K Mar 13, 2023 See footnote F5
holding APP Class A Common Stock 425K Mar 13, 2023 See footnote F6
* 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 Certain of 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 Certain of these securities are represented by RSUs and PSUs.
F5 Shares are held by The Shikin 2018 Irrevocable Trust dated April 18, 2018 for the benefit of the Reporting Person's spouse.
F6 Shares are held by The Shikin 2020 Irrevocable GST Trust for the benefit of the Reporting Person's children.