Victoria Valenzuela - 01 Jul 2024 Form 4 Insider Report for AppLovin Corp (APP)

Role
CLO & Corp. Secretary
Signature
/s/ Victoria Valenzuela
Issuer symbol
APP
Transactions as of
01 Jul 2024
Net transactions value
-$4,252,880
Form type
4
Filing time
03 Jul 2024, 17:18:03 UTC
Previous filing
17 Jun 2024
Next filing
22 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Sale $3,997,905 -47,001 -11% $85.06 390,615 01 Jul 2024 Direct F1, F2, F3, F4
transaction APP Class A Common Stock Sale $254,975 -2,999 -0.77% $85.02 387,616 02 Jul 2024 Direct F1, F3, F5
* 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 March 14, 2024.
F2 The sales were executed in multiple trades at prices ranging from $85.00 to $85.26. 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.
F4 Includes 402 shares acquired under the AppLovin Corporation Employee Stock Purchase Plan on May 20, 2022.
F5 The sales were executed in multiple trades at prices ranging from $85.00 to $85.08. 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.