Herald Y. Chen - Nov 12, 2023 Form 4 Insider Report for AppLovin Corp (APP)

Role
President & CFO, Director
Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Stock symbol
APP
Transactions as of
Nov 12, 2023
Transactions value $
$0
Form type
4
Date filed
11/14/2023, 04:07 PM
Previous filing
Jun 9, 2023
Next filing
Nov 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Award $0 +62.4K +77.83% $0.00 143K Nov 12, 2023 Direct F1, F2
holding APP Class A Common Stock 50K Nov 12, 2023 See footnote F3
* 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") that the Reporting Person received for his new role as an advisor to the Company's Chief Executive Officer for a one-year transition period. 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.
F3 Shares are held by The Chen Family 2012 Irrevocable Trust, for which the Reporting Person and his spouse serve as trustees.