James C. Zelter - Feb 15, 2022 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Role: Co-President of Apollo Asset Management, Inc., Director
Signature: /s/ Jessica L. Lomm, as Attorney-in-Fact
Stock symbol: APO
Transactions as of: Feb 15, 2022
Transactions value $: -$24,268,727
Form type: 4
Date filed: 2/17/2022, 07:55 PM
Previous filing: Feb 15, 2022
Next filing: May 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APO	Common Stock	Award	$0	+16.4K	+0.25%	$0.00	6.45M	Feb 15, 2022	Direct	F1, F2
transaction	APO	Common Stock	Tax liability	-$24.3M	-370K	-5.73%	$65.63	6.08M	Feb 16, 2022	Direct	F3, F4
holding	APO	Common Stock						1.21M	Feb 15, 2022	The James C. Zelter 2021 GRAT No. 1	F5
holding	APO	Common Stock						1.2M	Feb 15, 2022	Zelter APO Series LLC	F6
holding	APO	Common Stock						857K	Feb 15, 2022	GST-Exempt Family Trust Under the James and Vivian Zelter Descendants Trust Agreement	F7

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

Explanation of Responses:

Id	Content
F1	Represents 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 common stock of the Issuer 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	Reported amount includes 6,044,443 vested and unvested RSUs.
F3	Consists of 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 shares that were granted under the Plan.
F4	Reported amount includes 5,514,326 vested and unvested RSUs.
F5	By The James C. Zelter 2021 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
F6	By Zelter APO Series LLC, a vehicle over which the reporting person exercises voting and investment control.
F7	By GST-Exempt Family Trust under the James and Vivian Zelter Descendants Trust Agreement, a vehicle over which the reporting person exercises voting and investment control.

Remarks:

Co-President of Apollo Asset Management, Inc.