James E. Lillie - Dec 31, 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
Dec 31, 2021
Transactions value $
$119,676
Form type
4
Date filed
1/4/2022, 08:20 PM
Next filing
Jun 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APG Common Stock Other $0 +1.45M $0.00 1.45M Dec 31, 2021 By Mariposa Acquisition IV, LLC F1, F2
transaction APG Common Stock Other $0 -1.45M -100% $0.00* 0 Jan 4, 2022 By Mariposa Acquisition IV, LLC F2, F3
transaction APG Common Stock Other $0 +1.45M +46.38% $0.00 4.57M Jan 4, 2022 By JTOO LLC F3, F4
transaction APG Common Stock Other $0 -4.66K -0.1% $0.00 4.56M Jan 4, 2022 By JTOO LLC F4, F5
transaction APG Common Stock Other $120K +4.66K +0.41% $25.67 1.13M Jan 4, 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 768K Dec 31, 2021 Common Stock 768K 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).