Arash Adam Foroughi - 03 Nov 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
03 Nov 2023
Net transactions value
$0
Form type
4
Filing time
07 Nov 2023, 19:05:55 UTC
Previous filing
22 Aug 2023
Next filing
22 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 Award $0 +390,117 +5% $0.000000 8,227,457 03 Nov 2023 Direct F1, F2
holding APP Class A Common Stock 3,036,000 03 Nov 2023 See footnote F3
holding APP Class A Common Stock 1,536,000 03 Nov 2023 See footnote F4
holding APP Class A Common Stock 786,000 03 Nov 2023 See footnote F5
* 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. 1/4th of the RSUs shall vest on February 20, 2024 and 1/4th of the RSUs shall vest on each three-month anniversary thereafter, subject to the Reporting Person continuing to be a service provider through each such date.
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.