James C. Zelter - Dec 9, 2024 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Signature
/s/ Jessica L. Lomm, as Attorney-in-Fact
Stock symbol
APO
Transactions as of
Dec 9, 2024
Transactions value $
-$86,950,875
Form type
4
Date filed
12/11/2024, 04:51 PM
Previous filing
Dec 2, 2024
Next filing
Dec 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Common Stock Other -135K -17.21% 647K Dec 9, 2024 The James C. Zelter 2023 GRAT No. 1 F1, F2
transaction APO Common Stock Sale -$27.7M -161K -24.85% $172.29 486K Dec 9, 2024 The James C. Zelter 2023 GRAT No. 1 F2, F3
transaction APO Common Stock Sale -$17M -98.1K -20.17% $172.99 388K Dec 9, 2024 The James C. Zelter 2023 GRAT No. 1 F2, F4
transaction APO Common Stock Sale -$21.7M -125K -32.08% $174.24 264K Dec 9, 2024 The James C. Zelter 2023 GRAT No. 1 F2, F5
transaction APO Common Stock Sale -$1.51M -8.62K -3.27% $175.24 255K Dec 9, 2024 The James C. Zelter 2023 GRAT No. 1 F2, F6
transaction APO Common Stock Sale -$5.87M -33.3K -13.06% $176.15 222K Dec 9, 2024 The James C. Zelter 2023 GRAT No. 1 F2, F7
transaction APO Common Stock Sale -$7.09M -40K -18.03% $177.23 182K Dec 9, 2024 The James C. Zelter 2023 GRAT No. 1 F2, F8
transaction APO Common Stock Sale -$2.96M -16.7K -9.16% $177.98 165K Dec 9, 2024 The James C. Zelter 2023 GRAT No. 1 F2, F9
transaction APO Common Stock Sale -$698K -3.9K -2.36% $178.87 161K Dec 9, 2024 The James C. Zelter 2023 GRAT No. 1 F2, F10
transaction APO Common Stock Sale -$887K -5.15K -0.81% $172.35 630K Dec 9, 2024 The James C. Zelter 2024 GRAT No. 1 F11, F12
transaction APO Common Stock Sale -$409K -2.36K -0.38% $173.10 628K Dec 9, 2024 The James C. Zelter 2024 GRAT No. 1 F12, F13
transaction APO Common Stock Sale -$627K -3.6K -0.57% $174.28 624K Dec 9, 2024 The James C. Zelter 2024 GRAT No. 1 F12, F14
transaction APO Common Stock Sale -$123K -700 -0.11% $175.75 623K Dec 9, 2024 The James C. Zelter 2024 GRAT No. 1 F12, F15
transaction APO Common Stock Sale -$195K -1.1K -0.18% $176.88 622K Dec 9, 2024 The James C. Zelter 2024 GRAT No. 1 F12, F16
transaction APO Common Stock Sale -$142K -800 -0.13% $177.66 621K Dec 9, 2024 The James C. Zelter 2024 GRAT No. 1 F12, F17
transaction APO Common Stock Sale -$53.5K -300 -0.05% $178.48 621K Dec 9, 2024 The James C. Zelter 2024 GRAT No. 1 F12, F18
holding APO Common Stock 5.03M Dec 9, 2024 Direct F19
holding APO Common Stock 1.11M Dec 9, 2024 Zelter APO Series LLC F20
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 9, 2024, as sole trustee of The James C. Zelter 2023 GRAT No. 1 (the "2023 GRAT"), the reporting person transferred 134,500 shares of the Issuer's common stock, valued at $24,578,79.50, from the 2023 GRAT to a separate trust for which there is an independent trustee, in exchange for municipal bonds with the same market value. The reporting person has no direct or indirect voting or investment control over, and no beneficial ownership in, the assets held by the separate trust.
F2 By the 2023 GRAT, a vehicle over which the reporting person exercises voting and investment control.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.66 to $172.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.66 to $173.65, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.66 to $174.64, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.66 to $175.63, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.67 to $176.64, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.67 to $177.66, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.67 to $178.61, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.68 to $179.18, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.73 to $172.71, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F12 By The James C. Zelter 2024 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
F13 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.77 to $173.68, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F14 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.91 to $174.77, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F15 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.21 to $176.16, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F16 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.27 to $177.26, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F17 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $177.27 to $177.94, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F18 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.29 to $178.74, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F19 Reported amount includes 4,886,997 vested and unvested restricted stock units ("RSUs") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan. Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one share of common stock of the Issuer for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement, provided the reporting person remains in service through the applicable vesting date.
F20 By Zelter APO Series LLC, a vehicle over which the reporting person exercises voting and investment control.

Remarks:

Co-President of Apollo Asset Management, Inc.