John J. Suydam - Dec 10, 2021 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Role: Chief Legal Officer
Signature: /s/ John J. Suydam
Stock symbol: APO
Transactions as of: Dec 10, 2021
Transactions value $: $6,595
Form type: 4
Date filed: 12/21/2021, 04:17 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	Gift	$0	-70K	-16.6%	$0.00	352K	Dec 10, 2021	Direct	F1
transaction	APO	Class A Common Stock	Award	$3.02K	+43	+0.01%	$70.16	352K	Dec 17, 2021	Direct	F2, F3
transaction	APO	Class A Common Stock	Tax liability	-$1.54K	-22	-0.01%	$70.16	352K	Dec 17, 2021	Direct	F3, F4
transaction	APO	Class A Common Stock	Award	$5.12K	+73	+0.02%	$70.16	352K	Dec 17, 2021	Direct	F3, F5
holding	APO	Class A Common Stock						4.52K	Dec 10, 2021	Kalmia Investments LLC ? Series A	F6
holding	APO	Class A Common Stock						64.3K	Dec 10, 2021	Suydam 2012 Family Trust	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reported amount includes 196,613 vested and unvested restricted stock units ("RSUs") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (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 (a "Class A share") for each vested RSU. The 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.
F2	Consists of fully vested Class A shares granted under 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").
F3	Reported amount includes 196,613 vested and unvested RSUs granted under the Plan.
F4	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.
F5	Represents the right to receive vested Class A shares issued under the Plan in January 2022 in connection with the GCP exchange.
F6	These Class A shares are held by Kalmia Investments LLC - Series A ("Kalmia"). The reporting person owns 30% of Kalmia, and the remaining 70% of Kalmia is owned by the Suydam GST Exempt Trust for the benefit of reporting person's grandchildren for which the reporting person's spouse is the trustee (the "Trust"). The reporting person disclaims beneficial ownership of 70% of the securities owned by Kalmia, as they will ultimately be distributed to the Trust.
F7	These Class A shares are held in the Suydam 2012 Family Trust for the benefit of the reporting person's spouse and children for which the reporting person's spouse is the trustee (the "Trust"). The reporting person disclaims beneficial ownership of all securities held by the Trust except to the extent of the reporting person's pecuniary interest therein.