Form 4 for APP AppLovin
Accepted 2022-11-28 00:00:00 ET · period of report 2022-11-01 · accession 0001562180-22-007900 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2022-11-28 | 2022-11-01 | APP | Foroughi Arash Adam | CEO, COB, Dir, 10% | C - Cnv Deriv | $0.00 | +7.50M | 7.50M | New | $0 |
| DMI | 2022-11-28 | 2022-11-01 | APP | Foroughi Arash Adam | CEO, COB, Dir, 10% | G - Gift | $0.00 | 0 | 2.25M | New | $0 |
| DI | 2022-11-28 | 2022-11-01 | APP | Foroughi Arash Adam | CEO, COB, Dir, 10% | C - Cnv Deriv | $0.00 | -7.50M | 847.8K | -90% | $0 |
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 | Class A Common Stock | 2022-11-01 | C | A | 7,500,000 | $0.00 | 7,500,000 | I See Footnote | — | — | (F2) Shares are held by The Foroughi 2015 Irrevocable Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. |
| 2 | Common | Class A Common Stock | 2022-11-01 | G | A | 3,750,000 | $0.00 | 3,750,000 | I See Footnote | — | — | (F3) Shares are held by The JAF Children's Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. |
| 3 | Common | Class A Common Stock | 2022-11-01 | G | A | 1,500,000 | $0.00 | 1,500,000 | I See Footnote | — | — | (F5) Shares are held by The OD Trust for which the Reporting Person's children are beneficiaries. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. |
| 4 | Common | Class A Common Stock | 2022-11-01 | G | D | 7,500,000 | $0.00 | 0 | I See Footnote | — | — | (F2) Shares are held by The Foroughi 2015 Irrevocable Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. |
| 5 | Common | Class A Common Stock | 2022-11-01 | G | A | 2,250,000 | $0.00 | 2,250,000 | I See Footnote | — | — | (F4) Shares are held by The WHK Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. |
| 6 | Derivative | Class B Common Stock | 2022-11-01 | C | D | 7,500,000 | $0.00 | 847,752 | I See Footnote | — · — to — | 7,500,000 Class A Common Stock | (F2) Shares are held by The Foroughi 2015 Irrevocable Trust for the benefit of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. (F1) In connection with estate planning 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 and were transferred as a bona fide gift to certain trusts for which the Reporting Person's children are beneficiaries. 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. |