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

Role: EVP & Chief Financial Officer
Signature: /s/Louis B. Lambert, Attorney-in-Fact
Issuer symbol: APG
Transactions as of: 26 Feb 2024
Net transactions value: -$199,496
Form type: 4
Filing time: 28 Feb 2024, 19:29:05 UTC
Previous filing: 06 Sep 2023
Next filing: 04 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APG	Common Stock	Options Exercise	$0	+11,273	+40%	$0.000000	39,765	27 Feb 2024	Direct	F1, F2
transaction	APG	Common Stock	Sale	$199,496	-5,585	-14%	$35.72	34,180	27 Feb 2024	Direct	F3
holding	APG	Common Stock						404	26 Feb 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	+23,247		$0.000000	23,247	26 Feb 2024	Common Stock	23,247		Direct	F5, F6
transaction	APG	Restricted Stock Units	Options Exercise	$0	-11,273	-33%	$0.000000	22,545	27 Feb 2024	Common Stock	11,273		Direct	F5, F7
holding	APG	Performance Stock Units						49,868	26 Feb 2024	Common Stock	49,868		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.