James C. Zelter - 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 $
-$19,761,836
Form type
4
Date filed
2/21/2023, 04:05 PM
Previous filing
Feb 14, 2023
Next filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Common Stock Award $0 +60.8K +1.01% $0.00 6.09M Feb 16, 2023 Direct F1, F2
transaction APO Common Stock Tax liability -$19.8M -280K -4.59% $70.66 5.81M Feb 17, 2023 Direct F3, F4
holding APO Common Stock 541K Feb 16, 2023 The James C. Zelter 2021 GRAT No. 1 F5
holding APO Common Stock 665K Feb 16, 2023 The James C. Zelter 2022 GRAT No. 1 F6
holding APO Common Stock 1.2M Feb 16, 2023 Zelter APO Series LLC 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 5,501,826 vested and unvested RSUs granted under the Plan.
F3 Consists of shares (a) sold to provide funds to satisfy tax obligations of the reporting person or (b) 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 4,998,167 vested and unvested RSUs granted under the Plan.
F5 By The James C. Zelter 2021 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
F6 By The James C. Zelter 2022 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
F7 By Zelter APO Series LLC, a vehicle over which the reporting person exercises voting and investment control.

Remarks:

Co-President of Apollo Asset Management, Inc.