Joshua Harris - Jul 8, 2021 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Role
Co-Founder, Director, 10%+ Owner
Signature
/s/ Joel Karansky, attorney-in-fact
Stock symbol
APO
Transactions as of
Jul 8, 2021
Transactions value $
-$58,795,276
Form type
4
Date filed
7/12/2021, 09:01 PM
Previous filing
Jun 7, 2021
Next filing
Jul 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Class A Common Stock Options Exercise $0 +437K $0.00 437K Jul 8, 2021 See footnote F1, F2
transaction APO Class A Common Stock Sale -$16.8M -277K -63.34% $60.69 160K Jul 8, 2021 See footnote F2, F3
transaction APO Class A Common Stock Sale -$9.84M -160K -100% $61.41 0 Jul 8, 2021 See footnote F2, F4
transaction APO Class A Common Stock Options Exercise $0 +336K $0.00 336K Jul 9, 2021 See footnote F1, F2
transaction APO Class A Common Stock Sale -$20.5M -336K -100% $60.98 0 Jul 9, 2021 See footnote F2, F5
transaction APO Class A Common Stock Options Exercise $0 +190K $0.00 190K Jul 12, 2021 See footnote F1, F2
transaction APO Class A Common Stock Sale -$11.7M -190K -99.95% $61.47 100 Jul 12, 2021 See footnote F2, F6
transaction APO Class A Common Stock Sale -$6.19K -100 -100% $61.86 0 Jul 12, 2021 See footnote F2
holding APO Class A Common Stock 1.35M Jul 8, 2021 Direct

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 APO Apollo Operating Group units Options Exercise -437K -100% 0 Jul 8, 2021 Class A Common Stock 437K See footnote F1, F2, F7, F8
transaction APO Apollo Operating Group units Options Exercise -336K -100% 0 Jul 9, 2021 Class A Common Stock 336K See footnote F1, F2, F7, F8
transaction APO Apollo Operating Group units Options Exercise -190K -100% 0 Jul 12, 2021 Class A Common Stock 190K See footnote F1, F2, F7, F8
holding APO Apollo Operating Group units 42.3M Jul 8, 2021 Class A Common Stock See footnote F1, F7, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Apollo Operating Group ("AOG") unit represents a right to receive one Class A share of Apollo Global Management, Inc. (the "Issuer"), subject to the restrictions and provisions set forth in the Agreement Among Principals, dated July 13, 2007, by and among the reporting person, Leon Black and Marc Rowan (the "Agreement Among Principals"), and the Seventh Amended and Restated Exchange Agreement, dated July 29, 2020, by and among the Issuer, AP Professional Holdings, L.P. and the other parties thereto (the "Exchange Agreement").
F2 By MJH Partners, L.P. an estate planning vehicle for which voting and investment control are exercised by the reporting person.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.1800 to $61.1700, 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 Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.1800 to $62.0800, 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 Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.5500 to $61.3500, 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 Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.8600 to $61.8100, 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 Form 4.
F7 The AOG units were fully vested as of December 31, 2011 and do not expire.
F8 Pursuant to Instruction 4(c)(iii), this response has been left blank.
F9 By AP Professional Holdings, L.P. The reporting person is an indirect limited partner in BRH Holdings, L.P., which holds approximately 91% of the limited partnership interests in AP Professional Holdings, L.P., the direct holder of the AOG units. The AOG units indirectly held by the reporting person are the number of AOG units that he has a right to receive as an indirect limited partner in BRH Holdings, L.P., subject to the restrictions and provisions set forth in the Agreement Among Principals and the Exchange Agreement.