AppLovin director receives 525-share RSU award
Billings Craig Scott reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Billings Craig Scott reported acquisition or exercise transactions in this Form 4 filing.
AppLovin Corp director Craig Scott Billings received an equity award of 525 shares of Class A Common Stock as a grant, not an open-market purchase. These shares are in the form of restricted stock units (RSUs), each representing the right to receive one share.
All of the RSUs vest on the earlier of the one-year anniversary of the grant date or the day before the next Annual Meeting, as long as the outside director continues to serve through that date. After this grant, Billings directly holds 4,232 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 525 | $0.00 | $0.00 |
Footnotes (2)
- F1. These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Class A Common Stock. 100% of the RSUs shall vest on the earlier of (i) the one-year anniversary of the date the Annual Award is granted or (ii) the day prior to the date of the Annual Meeting next following the date the Annual Award is granted, subject to the Outside Director continuing to be a Service Provider through the applicable vesting date.
- F2. Certain of these securities are represented by RSUs.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Class A Common Stock financial
Annual Meeting financial
Service Provider financial
FAQ
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What insider transaction did AppLovin (APP) report for Craig Scott Billings?
What are the vesting terms of Craig Scott Billings’ RSU award at AppLovin (APP)?
Is Craig Scott Billings’ AppLovin (APP) RSU grant an open-market purchase?
What does each RSU in Craig Scott Billings’ AppLovin (APP) grant represent?
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