Joshua Harris - Aug 24, 2021 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Role
Director, 10%+ Owner
Signature
/s/ Joel Karansky, attorney-in-fact
Stock symbol
APO
Transactions as of
Aug 24, 2021
Transactions value $
-$11,839,630
Form type
4
Date filed
8/26/2021, 09:42 PM
Previous filing
Aug 23, 2021
Next filing
Aug 31, 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 +44K $0.00 44K Aug 24, 2021 See footnote F1, F2
transaction APO Class A Common Stock Sale -$2.54M -44K -100% $57.85 0 Aug 24, 2021 See footnote F2, F3
transaction APO Class A Common Stock Options Exercise $0 +122K $0.00 122K Aug 25, 2021 See footnote F1, F2
transaction APO Class A Common Stock Sale -$7.13M -122K -100% $58.34 0 Aug 25, 2021 See footnote F2, F4
transaction APO Class A Common Stock Options Exercise $0 +37.2K $0.00 37.2K Aug 26, 2021 See footnote F1, F2
transaction APO Class A Common Stock Sale -$2.16M -37.2K -100% $58.17 0 Aug 26, 2021 See footnote F2, F5
holding APO Class A Common Stock 1.35M Aug 24, 2021 Direct
holding APO Class A Common Stock 1.8M Aug 24, 2021 See footnote F6

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 Options Exercise -44K -100% 0 Aug 24, 2021 Class A Common Stock 44K See footnote F1, F2, F7, F8
transaction APO Apollo Operating Group Options Exercise -122K -100% 0 Aug 25, 2021 Class A Common Stock 122K See footnote F1, F2, F7, F8
transaction APO Apollo Operating Group Options Exercise -37.2K -100% 0 Aug 26, 2021 Class A Common Stock 37.2K See footnote F1, F2, F7, F8
holding APO Apollo Operating Group 36.7M Aug 24, 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 Holdings, LLC, 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 $57.5981 to $58.3500, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.7000 to $58.6900, 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 $57.8100 to $58.6200, 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 By MJH Partners Holdings II LLC, an estate planning vehicle for which voting and investment control are exercised by the reporting person.
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.