James E. Lillie - 31 Dec 2021 Form 4 Insider Report for APi Group Corp (APG)

Role: Director
Signature: /s/ Andrea Fike, as Attorney-in-Fact
Issuer symbol: APG
Transactions as of: 31 Dec 2021
Net transactions value: +$119,676
Form type: 4
Filing time: 04 Jan 2022, 20:20:37 UTC
Next filing: 17 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APG	Common Stock	Other	$0	+1,447,622		$0.000000	1,447,622	31 Dec 2021	By Mariposa Acquisition IV, LLC	F1, F2
transaction	APG	Common Stock	Other	$0	-1,447,622	-100%	$0.000000^*	0	04 Jan 2022	By Mariposa Acquisition IV, LLC	F2, F3
transaction	APG	Common Stock	Other	$0	+1,447,622	+46%	$0.000000	4,568,621	04 Jan 2022	By JTOO LLC	F3, F4
transaction	APG	Common Stock	Other	$0	-4,663	-0.1%	$0.000000	4,563,958	04 Jan 2022	By JTOO LLC	F4, F5
transaction	APG	Common Stock	Other	$119,676	+4,663	+0.41%	$25.66	1,129,663	04 Jan 2022	Direct	F6

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
holding	APG	Series A Preferred Stock						768,000	31 Dec 2021	Common Stock	768,000		By Mariposa Acquisition IV, LLC	F2, F7

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

Explanation of Responses:

Id	Content
F1	Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.
F2	The shares of Common Stock (prior to the distribution described in footnote 3) and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. JTOO LLC, of which Mr. Lillie is the manager, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 4,568,621 shares of Common Stock and 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Lillie disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
F3	Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.
F4	The shares of Common Stock reported herein are held directly by JTOO LLC, of which Mr. Lillie is the manager. Mr. Lillie disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
F5	Represents a distribution by JTOO LLC to the Lillie 2015 Dynasty Trust, its member, for no consideration.
F6	In connection with an estate planning transaction, the Lillie 2015 Dynasty Trust, of which Mr. Lillie is the grantor, settled certain amounts owed to Mr. Lillie using shares of the Issuer's Common Stock.
F7	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).