Matthew Stumpf - Nov 20, 2024 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Stock symbol
APP
Transactions as of
Nov 20, 2024
Transactions value $
-$16,914,120
Form type
4
Date filed
11/22/2024, 07:44 PM
Previous filing
Nov 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Tax liability -$9.89M -30.4K -11.49% $325.22 234K Nov 20, 2024 Direct F1, F2, F3
transaction APP Class A Common Stock Sale -$3.95M -11.9K -5.08% $332.19 223K Nov 22, 2024 Direct F3, F4
transaction APP Class A Common Stock Sale -$2.67M -8K -3.6% $333.20 215K Nov 22, 2024 Direct F3, F5
transaction APP Class A Common Stock Sale -$401K -1.2K -0.56% $333.86 213K Nov 22, 2024 Direct F3, 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 Includes 655 shares acquired under the AppLovin Corporation Employee Stock Purchase Plan on November 20, 2024.
F3 Certain of these securities are represented by RSUs.
F4 The sales were executed in multiple trades at prices ranging from $331.77 to $332.70. 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 $332.77 to $333.71. 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 The sales were executed in multiple trades at prices ranging from $333.77 to $333.92. 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.