| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | APP | Class A Common Stock | Tax liability | -$3.96M | -104K | -1.19% | $38.23 | 8.57M | Aug 20, 2023 | Direct | F1, F2 |
| transaction | APP | Class A Common Stock | Sale | -$1.1M | -28.4K | -0.33% | $38.77 | 8.54M | Aug 21, 2023 | Direct | F2, F3, F4 |
| transaction | APP | Class A Common Stock | Sale | -$61.9K | -1.57K | -0.02% | $39.30 | 8.54M | Aug 21, 2023 | Direct | F2, F3, F5 |
| holding | APP | Class A Common Stock | 390K | Aug 20, 2023 | See footnote | F6 | |||||
| holding | APP | Class A Common Stock | 425K | Aug 20, 2023 | See footnote | F7 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 | The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2023. |
| F4 | The sales were executed in multiple trades at prices ranging from $38.15 to $39.10. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. |
| F5 | The sales were executed in multiple trades at prices ranging from $39.15 to $39.56. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price. |
| F6 | Shares are held by The Shikin 2018 Irrevocable Trust dated April 18, 2018 for the benefit of the Reporting Person's spouse. |
| F7 | Shares are held by The Shikin 2020 Irrevocable GST Trust for the benefit of the Reporting Person's children. |