Russell A. Becker - 27 Feb 2023 Form 4 Insider Report for APi Group Corp (APG)

Role
President and CEO, Director
Signature
Louis B. Lambert, Attorney-in-Fact
Issuer symbol
APG
Transactions as of
27 Feb 2023
Net transactions value
$0
Form type
4
Filing time
01 Mar 2023, 15:41:25 UTC
Previous filing
22 Feb 2023
Next filing
13 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding APG Common Stock 1,114,009 27 Feb 2023 Direct
holding APG Common Stock 130,950 27 Feb 2023 By Spouse
holding APG Common Stock 812 27 Feb 2023 By Son
holding APG Common Stock 700 27 Feb 2023 By Son
holding APG Common Stock 700 27 Feb 2023 By Son
holding APG Common Stock 531,680 27 Feb 2023 By Trust F1
holding APG Common Stock 644,050 27 Feb 2023 By Trust F2
holding APG Common Stock 572,993 27 Feb 2023 By Trust F3
holding APG Common Stock 1,109 27 Feb 2023 By 401(k) Plan F4, F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction APG Restricted Stock Units Award $0 +97,353 $0.000000 97,353 27 Feb 2023 Common Stock 97,353 Direct F6, F7
holding APG Performance Stock Units 143,618 27 Feb 2023 Common Stock 143,618 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities are held by the Russell A. Becker GST Trust dated November 30, 2020 (the "GST Trust"). Mr. Becker's spouse is the trustee of the GST Trust and Mr. Becker may be considered to have beneficial ownership of the GST Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
F2 The securities are held by the Patricia L. Becker Legacy Trust dated December 21, 2020 (the "Legacy Trust"). Mr. Becker is the trustee of the Legacy Trust and Mr. Becker may be considered to have beneficial ownership of the Legacy Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
F3 The securities are held by the Russell A. Becker 2016 Family Trust (the "Family Trust"). Mr. Becker's spouse is the trustee of the Family Trust and Mr. Becker may be considered to have beneficial ownership of the Family Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
F4 Share acquired under the Issuer's Profit Sharing & 401(k) Plan in an exempt transaction pursuant to Rule 16b-3(c).
F5 These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
F6 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F7 These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
F8 Represents an award of performance stock units (the "2022-2 PSUs"). The 2022-2 PSUs will vest upon the Issuer's Common Stock achieving a specified price per share over a specified period by March 9, 2027 and to the extent earned will vest 100% on the later of the date that such performance condition is satisfied and March 9, 2025, the third anniversary of the grant date.