Craig Scott Billings - Jul 6, 2023 Form 4 Insider Report for AppLovin Corp (APP)

Role: Director
Signature: /s/ Victoria Valenzuela, Attorney-in-fact
Stock symbol: APP
Transactions as of: Jul 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/10/2023, 04:31 PM
Previous filing: Mar 17, 2023
Next filing: Sep 5, 2023

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	Stock Option (Right to Buy)	Award	$0	+15.5K		$0.00	15.5K	Jul 6, 2023	Class A Common Stock	15.5K	$25.55	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase. The option will vest as to 100% of the shares on the earlier of (i) the one-year anniversary of the date the Annual Award is granted or (ii) the day prior to the date of the Annual Meeting next following the date the Annual Award is granted, in each case, subject to the Outside Director continuing to be a Service Provider through the applicable vesting date.

Content

The option provides for an early-exercise provision and is exercisable as to unvested shares, subject to the Issuer's right of repurchase. The option will vest as to 100% of the shares on the earlier of (i) the one-year anniversary of the date the Annual Award is granted or (ii) the day prior to the date of the Annual Meeting next following the date the Annual Award is granted, in each case, subject to the Outside Director continuing to be a Service Provider through the applicable vesting date.