James C. Zelter - Aug 31, 2023 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Role
Co-President of Apollo Asset Management, Inc., Director
Signature
/s/ Jessica L. Lomm, as Attorney-in-Fact
Stock symbol
APO
Transactions as of
Aug 31, 2023
Transactions value $
-$2,898,439
Form type
4
Date filed
9/5/2023, 04:28 PM
Previous filing
Aug 14, 2023
Next filing
Nov 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Common Stock Tax liability -$2.9M -33.6K -0.65% $86.14 5.12M Aug 31, 2023 Direct F1, F2
holding APO Common Stock 69.3K Aug 31, 2023 The James C. Zelter 2022 GRAT No. 1 F3
holding APO Common Stock 1.6M Aug 31, 2023 The James C. Zelter 2023 GRAT No. 1 F4
holding APO Common Stock 1.2M Aug 31, 2023 Zelter APO Series LLC F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan").
F2 Reported amount includes 4,917,821 vested and unvested restricted stock units ("RSUs") granted under 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 By The James C. Zelter 2022 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control (the "2022 GRAT").
F4 By The James C. Zelter 2023 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control (the "2023 GRAT"). 595,982 of these shares were previously reported as indirectly held by the reporting person through the 2022 GRAT and have since been transferred to the 2023 GRAT. Further, 1,008,606 of these shares were previously reported as directly held by the reporting person, and have since been transferred to the 2023 GRAT.
F5 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.