Ho John Chi On 4
4 · AvePoint, Inc. · Filed Dec 12, 2024
Insider Transaction Report
Form 4
AvePoint, Inc.AVPT
Ho John Chi On
Director
Transactions
- Award
Common Stock
2024-12-10$18.53/sh+23,371$433,065→ 4,262,653 total(indirect: Held by Balmoral Blue Limited) - Award
Common Stock
2024-12-10$18.22/sh+23,392$426,202→ 4,239,282 total(indirect: Held by Balmoral Blue Limited)
Footnotes (2)
- [F1]Under the business combination agreement and plan of reorganization with Apex Technology Acquisition Corporation, Inc. and the other parties thereto, as amended, if at any time from July 1, 2021 through July 1, 2028, AvePoint's closing stock price is greater than or equal to $12.50 over any 20 trading days within any 30 day trading day period ("First Milestone"), certain holders of AvePoint common stock and certain holders of AvePoint options, including the Reporting Person, shall be issued up to 1,000,000 shares of AvePoint common stock in the aggregate. The price was determined to be the closing price on December 3, 2024, the date the First Milestone was achieved.
- [F2]Under the business combination agreement and plan of reorganization with Apex Technology Acquisition Corporation, Inc. and the other parties thereto, as amended, if at any time from July 1, 2021 through July 1, 2028, AvePoint's closing stock price is greater than or equal to $15.00 over any 20 trading days within any 30 day trading day period ("Second Milestone"), certain holders of AvePoint common stock and certain holders of AvePoint options, including the Reporting Person, shall be issued up to 1,000,000 shares of AvePoint common stock in the aggregate. The price was determined to be the closing price on December 9, 2024, the date the Second Milestone was achieved.