Scott Kleinman - Dec 17, 2021 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Role
Co-President, Director
Signature
/s/ Jessica L. Lomm, as Attorney-in-Fact
Stock symbol
APO
Transactions as of
Dec 17, 2021
Transactions value $
$223,460
Form type
4
Date filed
12/21/2021, 04:15 PM
Previous filing
Dec 3, 2021
Next filing
Jan 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Class A Common Stock Award $110K +1.57K +0.03% $70.16 5.99M Dec 17, 2021 Direct F1, F2
transaction APO Class A Common Stock Tax liability -$58.7K -836 -0.01% $70.16 5.99M Dec 17, 2021 Direct F2, F3
transaction APO Class A Common Stock Award $0 +631 +0.01% $0.00 5.99M Dec 17, 2021 Direct F4, F5
transaction APO Class A Common Stock Award $172K +2.45K +0.04% $70.16 5.99M Dec 17, 2021 Direct F5, F6
transaction APO Class A Common Stock Award $0 +1.36K +0.02% $0.00 5.99M Dec 17, 2021 Direct F5, F7
holding APO Class A Common Stock 41.7K Dec 17, 2021 KRT Investments IX LLC F8
holding APO Class A Common Stock 9.39K Dec 17, 2021 KRT Investments LLC F9
holding APO Class A Common Stock 230K Dec 17, 2021 HCM APO Series LLC, Series C F10
holding APO Class A Common Stock 169K Dec 17, 2021 HCM APO Series LLC, Series B F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of fully vested shares of Class A Common Stock of the Issuer ("Class A shares") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan") in connection with the reporting person's election to exchange his rights to distributions of incentive income under his outstanding limited partner interests and rights under global carry pool awards previously received from affiliates of the Issuer (such exchange, the "GCP exchange").
F2 Reported amount includes 5,327,371 vested and unvested restricted stock units ("RSUs") granted under the 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 Class A common stock of the Issuer for each vested RSU. The unvested 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.
F3 Consists of Class A shares withheld by the Issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the delivery of Class A shares that were granted under the Plan.
F4 Represents vested RSUs granted under the Plan in connection with the GCP exchange.
F5 Reported amount includes 5,328,002 vested and unvested RSUs granted under the Plan.
F6 Represents the right to receive vested Class A shares issued under the Plan in January 2022 in connection with the GCP exchange.
F7 Represents the right to receive vested Class A shares issued under the Plan to be delivered in the future in accordance with the terms of the GCP Exchange.
F8 By KRT Investments IX LLC ("Investments IX"). Investments IX is owned by the reporting person and a trust for the benefit of the reporting person's descendants and for which the reporting person's father acts as trustee. The reporting person disclaims beneficial ownership of the securities held by Investments IX, except to the extent of his direct or indirect pecuniary interest.
F9 By KRT Investments LLC. The reporting person disclaims beneficial ownership of the securities indirectly or directly held by KRT Investments LLC reported herein and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F10 Reported amount includes shares previously reported as directly held by the reporting person, which are now held by HCM APO Series LLC, Series C, a vehicle directly and indirectly wholly owned by the reporting person over which the reporting person exercises voting and investment control. Such shares were contributed in kind without consideration and without a change in pecuniary interest.
F11 Reported amount includes shares previously reported as directly held by the reporting person, which are now held by HCM APO Series LLC, Series B, a vehicle directly and indirectly wholly owned by the reporting person over which the reporting person exercises voting and investment control. Such shares were contributed in kind without consideration and without a change in pecuniary interest.