AppLovin director granted 525 RSUs
Morgenfeld Todd R reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Morgenfeld Todd R reported acquisition or exercise transactions in this Form 4 filing.
AppLovin Corp director Todd R. Morgenfeld received an equity grant of 525 Class A restricted stock units (RSUs). The RSUs were awarded at a price of $0.0000 per share as director compensation rather than an open-market purchase.
Each RSU represents a contingent right to one share of Class A Common Stock. All RSUs vest 100% on the earlier of the one-year anniversary of the grant date or the day before the next Annual Meeting, if he continues as an Outside Director and Service Provider through that date. Following this grant, Morgenfeld holds 14,312 Class A shares, including amounts represented by RSUs.
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
contingent right financial
Annual Meeting financial
Service Provider financial
Outside Director financial
FAQ
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What did AppLovin (APP) director Todd Morgenfeld receive in this Form 4?
How do Todd Morgenfeld’s AppLovin (APP) RSUs vest according to this filing?
What does each AppLovin (APP) RSU represent in Todd Morgenfeld’s grant?
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