Vasily Shikin - 29 May 2024 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Issuer symbol
APP
Transactions as of
29 May 2024
Net transactions value
-$128,827,776
Form type
4
Filing time
31 May 2024, 17:24:29 UTC
Previous filing
22 Feb 2024
Next filing
22 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Tax liability $128,827,776 -1,535,675 -22% $83.89 5,484,166 29 May 2024 Direct F1, F2
holding APP Class A Common Stock 105,889 29 May 2024 See footnote F3
holding APP Class A Common Stock 105,889 29 May 2024 See footnote F4
holding APP Class A Common Stock 105,889 29 May 2024 See footnote F5
holding APP Class A Common Stock 425,450 29 May 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") and Performance Restricted Stock Units ("PSUs").
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.