Applovin Corporation

12/10/2024 | Press release | Distributed by Public on 12/10/2024 18:03

Statement of Changes in Beneficial Ownership (Form 4)

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Chen Herald Y
2. Issuer Name and Ticker or Trading Symbol
AppLovin Corp [APP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President & CFO
(Last) (First) (Middle)
1100 PAGE MILL ROAD
3. Date of Earliest Transaction (Month/Day/Year)
12/06/2024
(Street)
PALO ALTO, CA 94304
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 12/06/2024 C 700,000 A $ 0 731,209(1) D
Class A Common Stock 12/06/2024 C 330,000 A $ 0 380,000 I See footnote(2)
Class A Common Stock 12/09/2024 S 900 D $333.74(3) 379,100 I See footnote(4)
Class A Common Stock 12/09/2024 S 800 D $334.98(5) 378,300 I See footnote(4)
Class A Common Stock 12/09/2024 S 1,400 D $336.2(6) 376,900 I See footnote(4)
Class A Common Stock 12/09/2024 S 2,658 D $336.92(7) 374,242 I See footnote(4)
Class A Common Stock 12/09/2024 S 1,005 D $338.21(8) 373,237 I See footnote(4)
Class A Common Stock 12/09/2024 S 4,689 D $339.13(9) 368,548 I See footnote(4)
Class A Common Stock 12/09/2024 S 8,176 D $340.22(10) 360,372 I See footnote(4)
Class A Common Stock 12/09/2024 S 20,871 D $341.22(11) 339,501 I See footnote(4)
Class A Common Stock 12/09/2024 S 24,049 D $342.11(12) 315,452 I See footnote(4)
Class A Common Stock 12/09/2024 S 8,461 D $343.28(13) 306,991 I See footnote(4)
Class A Common Stock 12/09/2024 S 10,499 D $344.26(14) 296,492 I See footnote(4)
Class A Common Stock 12/09/2024 S 17,180 D $345.13(15) 279,312 I See footnote(4)
Class A Common Stock 12/09/2024 S 17,756 D $346.07(16) 261,556 I See footnote(4)
Class A Common Stock 12/09/2024 S 6,769 D $347.25(17) 254,787 I See footnote(4)
Class A Common Stock 12/09/2024 S 10,499 D $348.18(18) 244,288 I See footnote(4)
Class A Common Stock 12/09/2024 S 3,504 D $349.21(19) 240,784 I See footnote(4)
Class A Common Stock 12/09/2024 S 4,300 D $350.32(20) 236,484 I See footnote(4)
Class A Common Stock 12/09/2024 S 1,874 D $351.59(21) 234,610 I See footnote(4)
Class A Common Stock 12/09/2024 S 9,091 D $352.36(22) 225,519 I See footnote(4)
Class A Common Stock 12/09/2024 S 2,933 D $353.35(23) 222,586 I See footnote(4)
Class A Common Stock 12/09/2024 S 2,700 D $354.53(24) 219,886 I See footnote(4)
Class A Common Stock 12/09/2024 S 3,636 D $355.37(25) 216,250 I See footnote(4)
Class A Common Stock 12/09/2024 S 4,201 D $356.53(26) 212,049 I See footnote(4)
Class A Common Stock 12/09/2024 S 1,100 D $357.69(27) 210,949 I See footnote(4)
Class A Common Stock 12/09/2024 S 200 D $358.57(28) 210,749 I See footnote(4)
Class A Common Stock 12/09/2024 S 1,500 D $360.79(29) 209,249 I See footnote(4)
Class A Common Stock 12/09/2024 S 500 D $362.13(30) 208,749 I See footnote(4)
Class A Common Stock 12/09/2024 S 700 D $363.07(31) 208,049 I See footnote(4)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (32) 12/06/2024 C 700,000 (32) (32) Class A Common Stock (32) $ 0 717,467 D
Class B Common Stock (32) 12/06/2024 C 330,000 (32) (32) Class A Common Stock (32) $ 0 0 I See footnote(4)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chen Herald Y
1100 PAGE MILL ROAD
PALO ALTO, CA 94304
X President & CFO

Signatures

/s/ Victoria Valenzuela, Attorney-in-fact 12/10/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Certain of these securities are represented by RSUs.
(10) The sales were executed in multiple trades at prices ranging from $339.70 to $340.69. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(11) The sales were executed in multiple trades at prices ranging from $340.72 to $341.69. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(12) The sales were executed in multiple trades at prices ranging from $341.73 to $342.72. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(13) The sales were executed in multiple trades at prices ranging from $342.74 to $343.73. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(14) The sales were executed in multiple trades at prices ranging from $343.76 to $344.75. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(15) The sales were executed in multiple trades at prices ranging from $344.76 to $345.75. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(16) The sales were executed in multiple trades at prices ranging from $345.77 to $346.75. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(17) The sales were executed in multiple trades at prices ranging from $346.78 to $347.77. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(18) The sales were executed in multiple trades at prices ranging from $347.83 to $348.78. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(19) The sales were executed in multiple trades at prices ranging from $348.86 to $349.80. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(2) Shares are held by The Chen Family 2012 Irrevocable Trust, for which the Reporting Person and his spouse serve as trustees. These securities were inadvertently omitted on the Reporting Person's prior Form 4.
(20) The sales were executed in multiple trades at prices ranging from $349.90 to $350.88. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(21) The sales were executed in multiple trades at prices ranging from $350.91 to $351.90. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(22) The sales were executed in multiple trades at prices ranging from $351.96 to $352.95. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(23) The sales were executed in multiple trades at prices ranging from $353.00 to $353.99. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(24) The sales were executed in multiple trades at prices ranging from $354.00 to $354.99. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(25) The sales were executed in multiple trades at prices ranging from $355.00 to $355.99. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(26) The sales were executed in multiple trades at prices ranging from $356.01 to $356.99. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(27) The sales were executed in multiple trades at prices ranging from $357.29 to $357.99. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(28) The sales were executed in multiple trades at prices ranging from $538.43 to $358.70. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(29) The sales were executed in multiple trades at prices ranging from $360.34 to $361.25. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(3) The sales were executed in multiple trades at prices ranging from $333.41 to $334.00. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(30) The sales were executed in multiple trades at prices ranging from $361.77 to $362.55. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(31) The sales were executed in multiple trades at prices ranging from $362.78 to $363.44. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(32) 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.
(4) Shares are held by The Chen Family 2012 Irrevocable Trust, for which the Reporting Person and his spouse serve as trustees.
(5) The sales were executed in multiple trades at prices ranging from $334.41 to $335.38. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(6) The sales were executed in multiple trades at prices ranging from $335.53 to $336.49. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(7) The sales were executed in multiple trades at prices ranging from $336.55 to $337.52. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(8) The sales were executed in multiple trades at prices ranging from $337.67 to $338.58. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
(9) The sales were executed in multiple trades at prices ranging from $338.68 to $339.67. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.

Remarks:
Form 1 of 2.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.