Kevin Krumm - Feb 26, 2024 Form 4 Insider Report for APi Group Corp (APG)

Role
EVP & Chief Financial Officer
Signature
/s/Louis B. Lambert, Attorney-in-Fact
Stock symbol
APG
Transactions as of
Feb 26, 2024
Transactions value $
-$199,496
Form type
4
Date filed
2/28/2024, 07:29 PM
Previous filing
Sep 6, 2023
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APG Common Stock Options Exercise $0 +11.3K +39.57% $0.00 39.8K Feb 27, 2024 Direct F1, F2
transaction APG Common Stock Sale -$199K -5.59K -14.05% $35.72 34.2K Feb 27, 2024 Direct F3
holding APG Common Stock 404 Feb 26, 2024 By 401(k) Plan F4

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 Award $0 +23.2K $0.00 23.2K Feb 26, 2024 Common Stock 23.2K Direct F5, F6
transaction APG Restricted Stock Units Options Exercise $0 -11.3K -33.33% $0.00 22.5K Feb 27, 2024 Common Stock 11.3K Direct F5, F7
holding APG Performance Stock Units 49.9K Feb 26, 2024 Common Stock 49.9K Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 27, 2024, 11,273 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
F2 Includes 500 shares acquired under the Issuer's employee stock purchase plan on June 30, 2023.
F3 Shares withheld for tax liability.
F4 These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
F5 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F6 These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
F7 These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
F8 Represents an award of performance stock units (the "2022-2 PSUs"). The 2022-2 PSUs will vest upon the Issuer's Common Stock achieving a specified price per share over a specified period by March 9, 2027 and to the extent earned will vest 100% on the later of the date that such performance condition is satisfied and March 9, 2025, the third anniversary of the grant date.