Tianyi Jiang - Mar 14, 2025 Form 4 Insider Report for AvePoint, Inc. (AVPT)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Brian Michael Brown, Attorney-in-Fact
Stock symbol: AVPT
Transactions as of: Mar 14, 2025
Transactions value $: $1,999,635
Form type: 4
Date filed: 3/18/2025, 04:25 PM
Previous filing: Mar 17, 2025
Next filing: Mar 25, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVPT	Common Stock	Award	$1M	+68.2K	+12.61%	$14.66	609K	Mar 14, 2025	Direct	F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AVPT	Stock Option (Right to Buy)	Award	$1M	+120K	+2.04%	$8.34	6.01M	Mar 14, 2025	Common Stock	120K	$8.34	Direct	F4, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This security represents the Issuer's common stock as well as restricted stock units (each, an "RSU") granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
F2	Represents performance-based RSUs ("PRSUs") based upon two metrics: Annual recurring revenue compounded annual growth rate for the years 2025-2027 (70% weighted) and FY 2027 GAAP profitability (30% weighted). Actual payouts may represent 50% to 150% of granted value. These PRSUs will fully vest on March 14, 2028.
F3	Includes aggregate vested and unvested RSUs held by the Reporting Person subject to the vesting schedules previously reported on Table I on a Form 4 filed with the Securities and Exchange Commission on September 3, 2021, March 22, 2022, March 23, 2023 and March 7, 2024.
F4	This security represents options to purchase the Issuer's common stock granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan.
F5	25% of the shares underlying this option will vest on March 14, 2026, and the remaining options vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service with the Issuer as of the applicable vesting date.
F6	This security represents options to purchase the Issuer's common stock granted to the reporting person under the Issuer's 2021 Equity Incentive Plan. Each option represents the contingent right to receive, upon exercise of the option, one share of the Issuer's common stock.