Form 4: AvePoint Director Jeff Teper Acquires Shares

Director Jeff Teper acquired 19,189 shares of AvePoint, Inc. common stock at $9.12 per share on June 3, 2024.

Summary

• On June 3, 2024, Jeff Teper, a director of AvePoint, Inc., acquired 19,189 shares of common stock.
• The acquisition was made at a price of $9.12 per share.
• These shares were obtained through the vesting of restricted stock units (RSUs) granted under the company's 2021 Equity Incentive Plan.
• Following the transaction, Teper's direct ownership increased to 300,560 shares.
• The RSUs will fully vest on June 3, 2025, contingent upon Teper's continued service with the company.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard transaction disclosure, with no inherent positive or negative implications.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Future Outlook

The RSUs will vest on June 3, 2025, contingent upon the Reporting Person's continued service with the Issuer.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.
• The vesting of RSUs incentivizes the director to continue contributing to the company's success.

Key Dates