Victoria Valenzuela - 04 Apr 2024 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela
Issuer symbol
APP
Transactions as of
04 Apr 2024
Net transactions value
-$3,750,500
Form type
4
Filing time
08 Apr 2024, 17:11:00 UTC
Previous filing
12 Mar 2024
Next filing
22 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Sale $3,750,500 -50,000 -9.6% $75.01 471,560 04 Apr 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2023.
F2 The sales were executed in multiple trades at prices ranging from $75.00 to $75.07. 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.
F3 Certain of these securities are represented by RSUs.