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

Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Issuer symbol
APP
Transactions as of
12 Nov 2023
Net transactions value
$0
Form type
4
Filing time
14 Nov 2023, 16:07:37 UTC
Previous filing
09 Jun 2023
Next filing
27 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Award $0 +62,418 +78% $0.000000 142,617 12 Nov 2023 Direct F1, F2
holding APP Class A Common Stock 50,000 12 Nov 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.