James E. Lillie - 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, 07:17 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	+37.53%	$0.00	5.58M	Jan 3, 2024	By JTOO LLC	F4, F5
holding	APG	Common Stock						1.14M	Dec 31, 2023	Direct

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, F6

* 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 distributions described in footnotes 3 and 4) and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. JTOO LLC, which is owned by the Lillie 2015 Dynasty Trust, of which Mr. Lillie is the grantor, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 1,525,268 shares of Common Stock (prior to the distributions described in footnotes 3 and 4) and 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.
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 JTOO LLC.
F5	The shares of Common Stock reported herein are held directly by JTOO LLC, of which Mr. Lillie is the manager.
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).