Arash Adam Foroughi - 20 Aug 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
20 Aug 2023
Net transactions value
-$3,328,074
Form type
4
Filing time
22 Aug 2023, 16:27:59 UTC
Previous filing
23 May 2023
Next filing
07 Nov 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 Tax liability $3,328,074 -87,054 -1.1% $38.23 7,837,340 20 Aug 2023 Direct F1, F2
holding APP Class A Common Stock 3,036,000 20 Aug 2023 See footnote F3
holding APP Class A Common Stock 1,536,000 20 Aug 2023 See Footnote F4
holding APP Class A Common Stock 786,000 20 Aug 2023 See footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction is not a sale of shares by the Reporting Person. Instead, this represents shares that have been withheld by the Issuer to satisfy its income tax and withholding and remittance obligations in connection with the vesting and net settlement of previously reported Restricted Stock Units ("RSUs").
F2 Certain of these securities are represented by RSUs and PSUs.
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 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.
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.