Victoria Valenzuela - Aug 20, 2023 Form 4 Insider Report for AppLovin Corp (APP)

Role
CLO & Corp. Secretary
Signature
/s/ Victoria Valenzuela
Stock symbol
APP
Transactions as of
Aug 20, 2023
Transactions value $
-$3,439,850
Form type
4
Date filed
8/22/2023, 04:28 PM
Previous filing
Jul 31, 2023
Next filing
Nov 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Tax liability -$2.34M -61.3K -9.3% $38.23 598K Aug 20, 2023 Direct F1, F2
transaction APP Class A Common Stock Sale -$1.1M -27.6K -4.61% $39.72 571K Aug 22, 2023 Direct F2, F3, F4
* 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.
F3 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2022.
F4 The sales were executed in multiple trades at prices ranging from $39.30 to $40.06. 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.