JAMES E. LILLIE - 15 Jun 2022 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: 15 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Jun 2022, 16:54:37 UTC
Previous filing: 04 Jan 2022
Next filing: 05 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	APG	Common Stock						1,129,663	15 Jun 2022	Direct
holding	APG	Common Stock						4,563,958	15 Jun 2022	By JTOO LLC	F1

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	+6,266		$0.000000	6,266	15 Jun 2022	Common Stock	6,266		Direct	F4, F5
holding	APG	Series A Preferred Stock						768,000	15 Jun 2022	Common Stock	768,000		By Mariposa Acquisition IV, LLC	F2, F3

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

Explanation of Responses:

Id	Content
F1	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.
F2	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).
F3	The shares of 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 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.
F4	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F5	These restricted stock units vest on the earlier of (i) June 15, 2023, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2023 annual meeting of stockholders