Kevin Krumm - Mar 9, 2023 Form 4 Insider Report for APi Group Corp (APG)

Role: EVP & Chief Financial Officer
Signature: /s/Louis B. Lambert, Attorney-in-Fact
Stock symbol: APG
Transactions as of: Mar 9, 2023
Transactions value $: -$62,366
Form type: 4
Date filed: 3/13/2023, 06:03 PM
Previous filing: Mar 1, 2023
Next filing: Sep 6, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APG	Common Stock	Options Exercise	$0	+6.02K	+41.56%	$0.00	20.5K	Mar 9, 2023	Direct	F1
transaction	APG	Common Stock	Tax liability	-$62.4K	-2.75K	-13.39%	$22.72	17.8K	Mar 9, 2023	Direct	F2

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	Options Exercise	$0	-6.02K	-33.34%	$0.00	12K	Mar 9, 2023	Common Stock	6.02K		Direct	F3, F4
holding	APG	Performance Stock Units						49.9K	Mar 9, 2023	Common Stock	49.9K		Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 9, 2023, 6,019 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
F2	Shares withheld for tax liability.
F3	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F4	These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.
F5	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.