Andrea Fike - 01 Jan 2022 Form 4 Insider Report for APi Group Corp (APG)

Role
SR. VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY
Signature
/s/ Andrea Fike
Issuer symbol
APG
Transactions as of
01 Jan 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 20:21:35 UTC
Next filing
22 Feb 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 Options Exercise +8,130 +94% 16,760 01 Jan 2022 Direct F1, F2

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 -8,130 -50% 8,130 01 Jan 2022 Common Stock 8,130 Direct F1, F3, F4
holding APG Restricted Stock Units 3,770 01 Jan 2022 Common Stock 3,770 Direct F3, F5
holding APG Performance Stock Units 15,079 01 Jan 2022 Common Stock 15,079 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 1, 2022, 8,130 of the Reporting Person's restricted stock units vested.
F2 Includes 500 shares acquired on June 30, 2021 pursuant to the APi Group Corporation 2020 Employee Stock Purchase Plan.
F3 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F4 These restricted stock units vest in equal installments on January 1, 2021, January 1, 2022 and January 1, 2023.
F5 These restricted stock units vest in equal installments on February 17, 2022, February 17, 2023 and February 17, 2024.
F6 Represents an award of performance stock units (the "2021 PSUs"). The 2021 PSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest 100% on December 31, 2023. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on the results of the performance condition.

Remarks:

SR. VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY