Jiang Tianyi 4

What Happened

• Jiang Tianyi, Chief Executive Officer of AvePoint (AVPT), was granted equity awards on March 16, 2026. The Form 4 shows two awards: 147,338 restricted stock units (RSUs) reported at $0 per share and 252,609 performance-based RSUs (PRSUs) with a grant-date fair value of $10.52 each (aggregate $2,657,447).
• These are awards (code A) — not open-market purchases or sales. The PRSUs are contingent on future performance metrics and will vest only if performance targets are met and certified.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (filed within two business days).
• Awards: 147,338 RSUs @ $0; 252,609 PRSUs @ $10.52 (grant-date value $2,657,447). Total units granted: 399,947.
• Shares owned after transaction: Not specified in the provided excerpt; F3 indicates the filing reports aggregate vested and unvested RSUs and other common stock holdings previously disclosed.
• Notable footnotes:
  • F1: RSUs represent the contingent right to one share upon vesting.
  • F2: PRSUs payout depends on two metrics — ARR CAGR for 2026–2028 (70% weight) and FY2028 GAAP profitability (30% weight); actual payout may range from 50% to 200% of granted value and will vest upon Compensation Committee certification after the performance period ends.
  • F4/F5 in the filing describe existing option holdings and vesting schedules; no option exercise was reported in this transaction.

Context

• These awards are compensation grants and do not represent an immediate purchase or sale. PRSUs are performance-contingent, so their ultimate share delivery and value depend on future results and committee certification.
• For retail investors, grants signal management compensation alignment with company performance goals but are not direct evidence of the CEO buying or selling company stock.