Joshua Harris - Sep 1, 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
Sep 1, 2021
Transactions value $
-$9,528,390
Form type
4
Date filed
9/2/2021, 09:57 PM
Previous filing
Aug 31, 2021
Next filing
Sep 8, 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 +95.7K $0.00 95.7K Sep 1, 2021 See footnote F1, F2
transaction APO Class A Common Stock Sale -$1.21M -20.2K -21.15% $59.89 75.4K Sep 1, 2021 See footnote F2, F3
transaction APO Class A Common Stock Sale -$4.51M -74K -98.14% $60.87 1.4K Sep 1, 2021 See footnote F2, F4
transaction APO Class A Common Stock Sale -$85.9K -1.4K -100% $61.39 0 Sep 1, 2021 See footnote F2, F5
transaction APO Class A Common Stock Options Exercise $0 +60.9K $0.00 60.9K Sep 2, 2021 See footnote F1, F2
transaction APO Class A Common Stock Sale -$3.72M -60.9K -100% $61.17 0 Sep 2, 2021 See footnote F2, F6
holding APO Class A Common Stock 1.35M Sep 1, 2021 Direct
holding APO Class A Common Stock 1.8M Sep 1, 2021 See footnote F7

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 -95.7K -100% 0 Sep 1, 2021 Class A Common Stock 95.7K See footnote F1, F2, F8, F9
transaction APO Apollo Operating Group Options Exercise -60.9K -100% 0 Sep 2, 2021 Class A Common Stock 60.9K See footnote F1, F2, F8, F9
holding APO Apollo Operating Group 36.4M Sep 1, 2021 Class A Common Stock See footnote F1, F8, F10
* 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 $59.3700 to $60.3650, 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 $60.3700 to $61.3600, 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 $61.3700 to $61.4100, 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 $60.8300 to $61.6900, 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.
F7 By MJH Partners Holdings II LLC, an estate planning vehicle for which voting and investment control are exercised by the reporting person.
F8 The AOG units were fully vested as of December 31, 2011 and do not expire.
F9 Pursuant to Instruction 4(c)(iii), this response has been left blank.
F10 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.