Martin Kelly - Aug 29, 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
Aug 29, 2023
Transactions value $
-$2,154,103
Form type
4
Date filed
8/31/2023, 04:20 PM
Previous filing
Aug 14, 2023
Next filing
Nov 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Common Stock Gift $0 -1.38K -0.33% $0.00 418K Aug 29, 2023 Direct F1, F2
transaction APO Common Stock Tax liability -$2.15M -25K -5.98% $86.14 393K Aug 31, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are subject to a lock-up agreement (the "Lock-Up Agreement") delivered pursuant to the underwriting agreement dated August 8, 2023, between the Issuer and certain underwriters. The donees have agreed to receive and hold these shares subject to the provisions of the Lock-Up Agreement.
F2 Reported amount includes 278,111 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 Consists of shares (a) sold to provide funds to satisfy tax obligations of the reporting person and (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 232,891 vested and unvested RSUs granted under the Plan.