Kevin Krumm - Mar 9, 2022 Form 4 Insider Report for APi Group Corp (APG)

Role
Chief Financial Officer
Signature
/s/ Andrea Fike as Attorney-in-Fact
Stock symbol
APG
Transactions as of
Mar 9, 2022
Transactions value $
$0
Form type
4
Date filed
3/11/2022, 04:00 PM
Previous filing
Sep 21, 2021
Next filing
Sep 6, 2022

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 Award $0 +18.1K $0.00 18.1K Mar 9, 2022 Common Stock 18.1K Direct F1, F3
transaction APG Performance Stock Units Award $0 +36.1K $0.00 36.1K Mar 9, 2022 Common Stock 36.1K Direct F4
transaction APG Performance Stock Units Award $0 +49.9K $0.00 49.9K Mar 9, 2022 Common Stock 49.9K Direct F5
holding APG Restricted Stock Units 60.5K Mar 9, 2022 Common Stock 60.5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F2 These restricted stock units vest in three equal installments on September 1, 2022, September 1, 2023 and September 1, 2024.
F3 These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.
F4 Represents an award of performance stock units (the "2022-1 PSUs"). The 2022-1 PSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 and to the extent earned will vest 100% on December 31, 2024. 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 results of the performance condition.
F5 Represents an award of performance stock units (the "2022-2 PSUs"). The 2022-2 PSUs will vest upon the Issuer's Common Stock achieving a specified price per share over a specified period by March 9, 2027 and to the extent earned will vest 100% on the later of the date that such performance condition is satisfied and March 9, 2025, the third anniversary of the grant date.