Herald Y. Chen - Aug 22, 2024 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Stock symbol
APP
Transactions as of
Aug 22, 2024
Transactions value $
-$26,959,813
Form type
4
Date filed
8/26/2024, 04:37 PM
Previous filing
Jun 20, 2024
Next filing
Dec 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Conversion of derivative security $0 +269K +430.63% $0.00 331K Aug 22, 2024 Direct F1, F2
transaction APP Class A Common Stock Sale -$9.39M -105K -31.82% $89.13 226K Aug 22, 2024 Direct F2, F3
transaction APP Class A Common Stock Sale -$15.6M -173K -76.45% $90.18 53.2K Aug 22, 2024 Direct F2, F4
transaction APP Class A Common Stock Sale -$2M -22K -41.3% $90.93 31.2K Aug 22, 2024 Direct F2, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction APP Class B Common Stock Conversion of derivative security -269K -15.94% 1.42M Aug 22, 2024 Class A Common Stock Direct F1, F6
holding APP Class B Common Stock 330K Aug 22, 2024 Class A Common Stock See footnote F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with a sale by the Reporting Person, the reported shares of Class B Common Stock automatically converted into an equal number of shares of Class A Common Stock of the Issuer.
F2 Certain of these securities are represented by RSUs.
F3 The sales were executed in multiple trades at prices ranging from $88.75 to $89.74. 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.
F4 The sales were executed in multiple trades at prices ranging from $89.75 to $90.74. 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.
F5 The sales were executed in multiple trades at prices ranging from $90.75 to $91.31. 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.
F6 Shares of Class B Common Stock are exchangeable at any time, at the option of the Reporting Person and automatically in connection with certain transfers and upon certain other events, into an equal number of shares of Class A Common Stock.
F7 Shares are held by The Chen Family 2012 Irrevocable Trust, for which the Reporting Person and his spouse serve as trustees.