James C. Zelter - Aug 23, 2024 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Signature
/s/ Jessica L. Lomm, as Attorney-in-Fact
Stock symbol
APO
Transactions as of
Aug 23, 2024
Transactions value $
-$11,014,011
Form type
4
Date filed
8/26/2024, 04:35 PM
Previous filing
Aug 12, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Common Stock Sale -$1.72M -15.6K -0.27% $110.19 5.71M Aug 23, 2024 Direct F1, F2, F3
transaction APO Common Stock Sale -$57.3K -525 -0.01% $109.13 5.71M Aug 23, 2024 Direct F2, F3, F4
transaction APO Common Stock Sale -$8.94M -81.1K -9.37% $110.17 784K Aug 23, 2024 The James C. Zelter 2023 GRAT No. 1 F5, F6
transaction APO Common Stock Sale -$298K -2.73K -0.35% $109.13 782K Aug 23, 2024 The James C. Zelter 2023 GRAT No. 1 F4, F6
holding APO Common Stock 1.11M Aug 23, 2024 Zelter APO Series LLC F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.1202 to $110.31, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 589,000 of these shares were previously reported as indirectly held by the reporting person through The James C. Zelter 2023 GRAT No. 1 and have since been transferred directly to the reporting person.
F3 Reported amount includes 4,951,549 vested and unvested restricted stock units ("RSUs") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan. Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one share of common stock of the Issuer for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement, provided the reporting person remains in service through the applicable vesting date.
F4 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.04 to $109.19, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.00 to $110.60, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F6 By The James C. Zelter 2023 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
F7 By Zelter APO Series LLC, a vehicle over which the reporting person exercises voting and investment control.

Remarks:

Co-President of Apollo Asset Management, Inc.