James E. Lillie - Jun 15, 2023 Form 4 Insider Report for APi Group Corp (APG)

Role: Director
Signature: /s/ Louis B. Lambert, Attorney-in-Fact
Stock symbol: APG
Transactions as of: Jun 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/20/2023, 06:11 PM
Previous filing: Jun 5, 2023
Next filing: Aug 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APG	Common Stock	Options Exercise		+6.27K	+0.55%		1.14M	Jun 15, 2023	Direct	F1
holding	APG	Common Stock						4.39M	Jun 15, 2023	By JTOO LLC	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	-6.27K	-100%	$0.00^*	0	Jun 15, 2023	Common Stock	6.27K		Direct	F1, F3, F4
transaction	APG	Restricted Stock Units	Award	$0	+3.95K		$0.00	3.95K	Jun 15, 2023	Common Stock	3.95K		Direct	F3, F5
holding	APG	Series A Preferred Stock						768K	Jun 15, 2023	Common Stock	768K		By Mariposa Acquisition IV, LLC	F6, F7

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

Explanation of Responses:

Id	Content
F1	On June 15, 2023, 6,266 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
F2	The shares of Common Stock reported herein are held directly by JTOO LLC, of which Mr. Lillie is the manager.
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 on the earlier of (i) June 15, 2023, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2023 annual meeting of stockholders
F5	These restricted stock units vest on June 15, 2024, which is the one-year anniversary of the grant date, subject to the Reporting Person's continuous service with the Issuer as of the vesting date.
F6	The Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of Common Stock for no additional consideration. The Series A Preferred Stock shall automatically convert into Common Stock on the last day of the seventh full financial year of the Issuer following October 1, 2019 (or if such date is not a trading day, the first trading day immediately following such date).
F7	The shares of Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. JTOO LLC, of which Mr. Lillie is the manager, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Lillie disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.