Tapinator : Insider Purchases

INSIDER TRANSACTIONS REPORT - TAPINATOR, INC.

August 19, 2022

PURCHASES BY ANDREW MERKATZ

On August 17, 2022, Andrew Merkatz, the President, Chief Financial Officer and member of the Board of Directors of Tapinator, Inc., a Delaware corporation (the "Company"), purchased 2,500 shares of the Company's common stock on the open market pursuant to the terms of the Company's Insider Trading Policy at a per share price of $1.47 for an aggregate purchase price of $3,675.

After giving effect to the transactions referenced above, Mr. Merkatz directly or indirectly owns 195,750 shares of the Company's common stock, or 6.9% of the 2,824,814 shares of the Company's common stock currently outstanding.

The 195,750 shares owned by Mr. Merkatz is comprised of the following: (i) 116,005 shares of common stock, (ii) 39,940 shares of common stock held by Lucienne Merkatz 2013 Trust for which Mr. Merkatz disclaims beneficial ownership, and (iii) 39,805 shares of common stock held by Sebastian Merkatz 2013 Trust for which Mr. Merkatz disclaims beneficial ownership.

All share numbers referenced above reflect the Company's recently announced stock dividend which was effective March 17, 2022 whereby the Company's stockholders received a dividend of four additional shares of common stock for each then-held share.

PURCHASES BY ILYA NIKOLAYEV

On August 17, 2022, Ilya Nikolayev, the Chief Executive Officer and member of the Board of Directors of the Company, purchased 2,255 shares of the Company's common stock on the open market pursuant to the terms of the Company's Insider Trading Policy at a weighted average price per share price of $1.58 for an aggregate purchase price of $3,560.

On August 18, 2022, Mr. Nikolayev purchased 8,545 shares of the Company's common stock on the open market pursuant to the terms of the Company's Insider Trading Policy at a weighted average price per share price of $1.71 for an aggregate purchase price of $14,638.

After giving effect to the transactions referenced above, Mr. Nikolayev directly owns 401,420 shares of the Company's common stock, or 14.2% of the 2,824,814 shares of the Company's common stock currently outstanding.

All share numbers referenced above reflect the Company's recently announced stock dividend which was effective March 17, 2022 whereby the Company's stockholders received a dividend of four additional shares of common stock for each then-held share.