G. Ashken Ian - Dec 31, 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
Dec 31, 2023
Transactions value $
-$25,473
Form type
4
Date filed
1/3/2024, 07:16 PM
Previous filing
Nov 8, 2023
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APG Common Stock Other $0 +1.53M $0.00 1.53M Dec 31, 2023 By Mariposa Acquisition IV, LLC F1, F2
transaction APG Common Stock Other -$25.5K -830 -0.05% $30.69 1.52M Jan 3, 2024 By Mariposa Acquisition IV, LLC F2, F3
transaction APG Common Stock Other $0 -1.52M -99.89% $0.00 1.66K Jan 3, 2024 By Mariposa Acquisition IV, LLC F2, F4
transaction APG Common Stock Other $0 +1.52M +33.06% $0.00 6.13M Jan 3, 2024 by IGHA Holdings, LLLP F4, F5
holding APG Common Stock 28.1K Dec 31, 2023 By Ian G.H. Ashken Living Trust F6
holding APG Common Stock 200K Dec 31, 2023 See footnote F7, F8

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
holding APG Series A Preferred Stock 768K Dec 31, 2023 Common Stock 768K By Mariposa Acquisition IV, LLC F2, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.
F2 The shares of Common Stock (prior to the transactions described in footnotes 3 and 4) and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. IGHA Holdings, LLLP, the general partner of which is wholly-owned by The Ian G.H. Ashken Living Trust (the "Ashken Trust"), of which Mr. Ashken is the trustee and beneficiary, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 1,522,779 shares of Common Stock (prior to the transactions described in footnotes 3 and 4) and 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
F3 Represents a transfer to employees of an affiliate of Mariposa Acquisition IV, LLC for services provided.
F4 Represents a pro rata distribution from Mariposa Acquisition IV, LLC to IGHA Holdings, LLLP.
F5 The shares of Common Stock reported herein are held directly by IGHA Holdings, LLLP, the general partner of which is wholly-owned by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
F6 The shares of Common Stock reported herein are held directly by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
F7 Reflects shares of Common Stock previously held directly by Mr. Ashken and by the Ashken Trust that were transferred to an account held jointly by the Ashken Trust and the Nancy K. Ashken Living Trust for estate planning purposes.
F8 Held jointly in an account by the Ashken Trust and the Nancy K. Ashken Living Trust.
F9 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).