JAMES E. LILLIE - 16 May 2025 Form 4 Insider Report for APi Group Corp (APG)

Role: Director
Signature: /s/ Louis B. Lambert, Attorney-in-Fact
Issuer symbol: APG
Transactions as of: 16 May 2025
Net transactions value: $0
Form type: 4
Filing time: 20 May 2025, 17:05:14 UTC
Previous filing: 07 May 2025
Next filing: 17 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LILLIE JAMES E	Director	C/O API GROUP CORP, 1100 OLD HIGHWAY 8 NW, NEW BRIGHTON	/s/ Louis B. Lambert, Attorney-in-Fact	20 May 2025	0001164470

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	APG	Common Stock						996,203	16 May 2025	Direct
holding	APG	Common Stock						3,389	16 May 2025	By Mariposa Acquisition IV, LLC	F1
holding	APG	Common Stock						5,088,734	16 May 2025	By JTOO LLC	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
transaction	APG	Restricted Stock Units	Award	$0	+3,160		$0.000000	3,160	16 May 2025	Common Stock	3,160		Direct	F3, F4
holding	APG	Restricted Stock Units						3,810	16 May 2025	Common Stock	3,810		Direct	F3, F5
holding	APG	Series A Preferred Stock						768,000	16 May 2025	Common Stock	768,000		By Mariposa Acquisition IV, LLC	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares of Common Stock 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 3,389 shares of Common Stock 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.
F2	The shares of Common Stock reported herein are held directly by JTOO LLC, of which Mr. Lillie is the manager.
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 on May 16, 2026, 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.
F5	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.
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).