G. Ashken Ian - Nov 13, 2024 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: Nov 13, 2024
Transactions value $: -$1,986,113
Form type: 4
Date filed: 11/14/2024, 07:17 PM
Previous filing: Nov 13, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APG	Common Stock	Sale	-$1.99M	-53.9K	-0.97%	$36.87	5.48M	Nov 13, 2024	by IGHA Holdings, LLLP	F1, F2, F3
holding	APG	Common Stock						200K	Nov 13, 2024	See footnote	F4
holding	APG	Common Stock						28.1K	Nov 13, 2024	By Ian G.H. Ashken Living Trust	F5
holding	APG	Common Stock						1.66K	Nov 13, 2024	By Mariposa Acquisition IV, LLC	F6
holding	APG	Common Stock						3.95K	Nov 13, 2024	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	Restricted Stock Units						3.81K	Nov 13, 2024	Common Stock	3.81K		Direct	F7, F8
holding	APG	Series A Preferred Stock						768K	Nov 13, 2024	Common Stock	768K		By Mariposa Acquisition IV, LLC	F6, F9

* 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 IGHA Holdings, LLLP on August 7, 2024.
F2	Represents the weighted average price of the shares sold on November 13, 2024. The prices of the shares sold pursuant to the transactions ranged from $36.63 to $37.15 per share. IGHA Holdings, LLLP, 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	The shares of Common Stock reported herein are held directly by 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. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
F4	Held jointly in an account by the Ashken Trust and the Nancy K. Ashken Living Trust.
F5	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.
F6	The shares of Common Stock 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 1,659 shares of Common Stock 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.
F7	Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F8	These restricted stock units vest on June 14, 2025, which is the one-year anniversary of the grant date, subject to the Reporting Person's continuous service with the Issuer as of the vesting date.
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).