AppLovin director granted 525 RSUs in stock award
Vivas Eduardo reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Vivas Eduardo reported acquisition or exercise transactions in this Form 4 filing.
AppLovin Corp director Eduardo Vivas received an equity grant of 525 shares of Class A Common Stock in the form of restricted stock units (RSUs). The grant was made at a stated price of $0.00 per share as a compensation award rather than a market purchase.
Each RSU represents a right to receive one share of Class A Common Stock, vesting 100% on the earlier of the one-year anniversary of the grant date or the day before the next Annual Meeting, as long as he continues to serve as an outside director. After this grant, Vivas directly holds 6,948,997.25 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AppLovin (APP) director Eduardo Vivas report in this Form 4?
Is the AppLovin (APP) Form 4 transaction a stock purchase or a grant?
How do the AppLovin (APP) RSUs granted to Eduardo Vivas vest?
What does the "A" transaction code mean in the AppLovin (APP) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.