John J. Suydam - Nov 9, 2022 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Signature
/s/ Jessica L. Lomm, as Attorney-in-Fact
Stock symbol
APO
Transactions as of
Nov 9, 2022
Transactions value $
-$422,923
Form type
4
Date filed
11/10/2022, 03:06 PM
Previous filing
Aug 17, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Common Stock Award $0 +13.7K +3.85% $0.00 369K Nov 9, 2022 Direct F1, F2
transaction APO Common Stock Tax liability -$423K -6.99K -1.89% $60.53 362K Nov 10, 2022 Direct F3, F4
holding APO Common Stock 9.96K Nov 9, 2022 Kalmia Investments LLC - Series A F5
holding APO Common Stock 64.3K Nov 9, 2022 Suydam 2012 Family Trust F6
* 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 146,502 vested and unvested RSUs.
F3 Consists of shares withheld by the Issuer to satisfy the tax withholding obligations of the reporting person, in each case arising in connection with the delivery of shares that were granted under the Plan.
F4 Reported amount includes 132,817 vested and unvested RSUs.
F5 These 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 the reporting person's grandchildren for whom the reporting person's spouse is the trustee (the "GST Trust"). The reporting person disclaims beneficial ownership of 70% of the securities owned by Kalmia, as they will ultimately be distributed to the GST Trust.
F6 These 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 "2012 Trust"). The reporting person disclaims beneficial ownership of all securities held by the 2012 Trust except to the extent of the reporting person's pecuniary interest therein.