John J. Suydam - Feb 16, 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 16, 2023
Transactions value $
-$295,190
Form type
4
Date filed
2/21/2023, 04:04 PM
Previous filing
Feb 3, 2023
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Common Stock Award $64.6K +904 +0.33% $71.45 278K Feb 16, 2023 Direct F1, F2
transaction APO Common Stock Award $0 +13.7K +4.92% $0.00 292K Feb 16, 2023 Direct F3, F4
transaction APO Common Stock Award $110K +1.55K +15% $71.45 11.9K Feb 16, 2023 Kalmia Investments LLC - Series A F1, F5
transaction APO Common Stock Tax liability -$470K -6.66K -2.28% $70.66 285K Feb 17, 2023 Direct F6, F7
holding APO Common Stock 49.5K Feb 16, 2023 Suydam 2012 Family Trust F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted shares of common stock of the Issuer issued under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan and the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan for Estate Planning Vehicles. The restricted shares vest in installments in accordance with the terms of the applicable award agreement, provided the reporting person remains in service through the applicable vesting date.
F2 Reported amount includes 132,817 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 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 Represents RSUs granted under the Plan.
F4 Reported amount includes 146,503 vested and unvested RSUs granted under the Plan.
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 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.
F7 Reported amount includes 129,310 vested and unvested RSUs granted under the Plan.
F8 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.