Form 4 for AVPT AvePoint, Inc.
Accepted 2025-03-18 00:00:00 ET · period of report 2025-03-14 · accession 0001437749-25-008270 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-18 | 2025-03-14 | AVPT | Gong Xunkai | Executive COB, Dir, 10% | A - Grant | $14.66 | +85.3K | 794.9K | +12% | +$1.25M |
| D | 2025-03-18 | 2025-03-14 | AVPT | Gong Xunkai | Executive COB, Dir, 10% | A - Grant | $8.34 | +149.8K | 5.25M | +3% | +$1.25M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-14 | A | A | 85,266 | $14.66 | 794,941 | D | — | — | (F1) This security represents Issuer's common stock as well as restricted stock units (each, an "RSU") granted to the reporting person under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock (F2) Represents performance-based RSUs ("PRSUs") based upon two metrics: Annual recurring revenue compounded annual growth rate for the years 2025-2027 (70% weighted) and FY 2027 GAAP profitability (30% weighted). Actual payouts may represent 50% to 150% of granted value. These PRSUs will fully vest on March 14, 2028. (F3) Includes aggregate vested and unvested RSUs held by the Reporting Person subject to the vesting schedules previously reported on Table I on a Form 4 filed with the Securities and Exchange Commission on September 3, 2021, March 22, 2022, March 23, 2023 and March 7, 2024. |
| 2 | Derivative | Stock Option (Right to Buy) | 2025-03-14 | A | A | 149,825 | $8.34 | 5,249,188 | D | $8.34 · 2025-03-14 to 2035-03-14 | 149,825 Common Stock | (F4) This security represents options to purchase the Issuer's common stock granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan. (F6) This security represents options to purchase the Issuer's common stock granted to the reporting person under the Issuer's 2021 Equity Incentive Plan. Each option represents the contingent right to receive, upon exercise of the option, one share of the Issuer's common stock. (F5) 25% of the shares underlying this option will vest on March 14, 2026, and the remaining options vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service with the Issuer as of the applicable vesting date. |