Leon D. Black - May 27, 2022 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Role
Other*
Signature
/s/ Leon D. Black
Stock symbol
APO
Transactions as of
May 27, 2022
Transactions value $
$0
Form type
4
Date filed
5/27/2022, 05:25 PM
Previous filing
Jan 11, 2022
Next filing
Jan 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Common Stock Other -15M -22.13% 52.8M May 27, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 27, 2022, Mr. Black delivered 15,000,000 shares to the Heritage Trust u/a/d 11/12/2018, a trust established for the benefit of the family of Mr. Black, in satisfaction of previously contracted outstanding debt obligations. On January 10, 2022, Mr. Black acquired 7 shares in a distribution. In connection with the transaction reported on this Form 4, the Reporting Person has agreed to voluntarily remit appropriate profits, if any, to Apollo Global Management, Inc. with respect to such shares.

Remarks:

The Reporting Person may be deemed to be a member of a "group" for the purposes of the Securities Exchange Act of 1934 by virtue of being a party to the Apollo Global Management, Inc. Stockholders Agreement. The Reporting Person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by the Reporting Person. This report shall not be deemed an admission that the Reporting Person is a member of a group or the beneficial owner of any securities not directly owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.