G. Ashken Ian - Jul 14, 2021 Form 4 Insider Report for APi Group Corp (APG)

Role: Director
Signature: /s/ Andrea Fike, as Attorney-in-Fact
Stock symbol: APG
Transactions as of: Jul 14, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/16/2021, 05:00 PM
Previous filing: Jun 9, 2021
Next filing: Jan 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APG	Common Stock	Options Exercise		+6.92K			6.92K	Jul 14, 2021	Direct	F1
holding	APG	Common Stock						4.25M	Jul 14, 2021	By IGHA Holdings, LLLP	F2
holding	APG	Common Stock						10K	Jul 14, 2021	By Ian G. H. Ashken Living Trust	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	APG	Restricted Stock Units	Options Exercise		-6.92K	-100%		0	Jul 14, 2021	Common Stock	6.92K		Direct	F1, F6, F7
transaction	APG	Restricted Stock Units	Award	$0	+4.88K		$0.00	4.88K	Jul 14, 2021	Common Stock	4.88K		Direct	F6, F8
holding	APG	Series A Preferred Stock						768K	Jul 14, 2021	Common Stock	768K		By Mariposa Acquisition IV, LLC	F4, F5

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

Explanation of Responses:

Id	Content
F1	On July 14, 2021, 6,920 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
F2	The shares of Common Stock reported herein are held directly by IGHA Holdings, LLLP, the general partner of which is wholly-owned by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
F3	The shares of Common Stock are held by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary.
F4	The Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of Common Stock for no additional consideration. The Series A Preferred Stock shall automatically convert into Common Stock on the last day of the seventh full financial year of the Issuer following October 1, 2019 (or if such date is not a trading day, the first trading day immediately following such date).
F5	The Series A Preferred Stock is held directly by Mariposa Acquisition IV, LLC. IGHA Holdings, LLLP, the general partner of which is wholly-owned by the The Ian G.H. Ashken Trust (the "Ashken Trust"), of which Mr. Ashken is the trustee and beneficiary, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
F6	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F7	These restricted stock units vest on the earlier of (i) August 13, 2021, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2021 annual meeting of stockholders.
F8	These restricted stock units vest on the earlier of (i) July 14, 2022, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2022 annual meeting of stockholders.