John J. Suydam - Feb 1, 2023 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
Feb 1, 2023
Transactions value $
-$2,400,048
Form type
4
Date filed
2/3/2023, 04:18 PM
Previous filing
Jan 30, 2023
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Common Stock Sale -$2.4M -33.3K -10.74% $72.00 277K Feb 1, 2023 Direct F1, F2
holding APO Common Stock 49.5K Feb 1, 2023 Suydam 2012 Family Trust F3
holding APO Common Stock 10.3K Feb 1, 2023 Kalmia Investments LLC - Series A F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person's spouse on December 7, 2022.
F2 Reported amount includes 132,817 vested and unvested restricted stock units ("RSUs"). 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.
F3 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.
F4 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.