Vasily Shikin - Nov 20, 2023 Form 4 Insider Report for AppLovin Corp (APP)

Signature
/s/ Victoria Valenzuela, Attorney-in-fact
Stock symbol
APP
Transactions as of
Nov 20, 2023
Transactions value $
-$32,796,416
Form type
4
Date filed
11/22/2023, 04:37 PM
Previous filing
Nov 7, 2023
Next filing
Nov 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APP Class A Common Stock Tax liability -$32.8M -830K -9.79% $39.50 7.65M Nov 20, 2023 Direct F1, F2
holding APP Class A Common Stock 106K Nov 20, 2023 See footnote F3
holding APP Class A Common Stock 106K Nov 20, 2023 See footnote F4
holding APP Class A Common Stock 106K Nov 20, 2023 See footnote F5
holding APP Class A Common Stock 390K Nov 20, 2023 See footnote F6
holding APP Class A Common Stock 425K Nov 20, 2023 See footnote F7
* 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 2018 Irrevocable Trust dated April 18, 2018 for the benefit of the Reporting Person's spouse.
F7 Shares are held by The Shikin 2020 Irrevocable GST Trust for the benefit of the Reporting Person's children.