Louis Lambert - Aug 26, 2024 Form 4 Insider Report for APi Group Corp (APG)

Signature
/s/ Louis Lambert
Stock symbol
APG
Transactions as of
Aug 26, 2024
Transactions value $
-$204,671
Form type
4
Date filed
8/28/2024, 05:39 PM
Previous filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APG Common Stock Sale -$205K -5.68K -70.11% $36.04 2.42K Aug 26, 2024 Direct F1, F2

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 Restricted Stock Units 11.2K Aug 26, 2024 Common Stock 11.2K Direct F3, F4
holding APG Restricted Stock Units 9.96K Aug 26, 2024 Common Stock 9.96K Direct F3, F5
holding APG Restricted Stock Units 10.8K Aug 26, 2024 Common Stock 10.8K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 6, 2024.
F2 Represents the weighted average price of the shares sold on August 26, 2024. The prices of the shares sold pursuant to the transactions ranged from $36.00 to $36.08 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
F3 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F4 These restricted stock units vest in three equal installments on August 2, 2023, August 2, 2024 and August 2, 2025.
F5 These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
F6 These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.