Vasily Shikin - Feb 20, 2024 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Stock symbol
APP
Transactions as of
Feb 20, 2024
Transactions value $
-$19,010,915
Form type
4
Date filed
2/22/2024, 06:08 PM
Previous filing
Dec 15, 2023
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Tax liability -$19M -332K -4.51% $57.33 7.02M Feb 20, 2024 Direct F1, F2
holding APP Class A Common Stock 106K Feb 20, 2024 See Footnote F3
holding APP Class A Common Stock 106K Feb 20, 2024 See footnote F4
holding APP Class A Common Stock 106K Feb 20, 2024 See footnote F5
holding APP Class A Common Stock 425K Feb 20, 2024 See footnote F6
* 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 and PSUs.
F3 Shares are held by ES48 Holdings Trust for the benefit of the Reporting Person's immediate family members.
F4 Shares are held by IK50 Holdings Trust for the benefit of the Reporting Person's immediate family members.
F5 Shares are held by IS37 Holdings Trust, for which the Reporting Person's spouse serves as trustee.
F6 Shares are held by The Shikin 2020 Irrevocable GST Trust for the benefit of the Reporting Person's children.