VIKING GLOBAL INVESTORS LP - 17 Jun 2024 Form 4 Insider Report for APi Group Corp (APG)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Jun 2024, 17:05:17 UTC
Prior SEC filing
03 Jun 2024
Next SEC filing
31 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Scott M. Hendler signing on behalf of O. Andreas Halvorsen (7) (8)

Key filing fact

VIKING GLOBAL INVESTORS LP filed Form 4 for APi Group Corp (APG) on 18 Jun 2024.

Key facts

  • This page summarizes VIKING GLOBAL INVESTORS LP's Form 4 filing for APi Group Corp (APG).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 18 Jun 2024, 17:05.

Change

  • Previous filing in this sequence was filed on 03 Jun 2024.
  • Current net transaction value: -$74,460,483.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

APG transaction

Common Stock

Sale

Transaction value
$72,971,412
Shares
-1,912,750
Change %
-100%
Price
$38.15
Shares after
0
Date
17 Jun 2024
Ownership
See Explanation of Responses
Footnotes
F1, F2, F3, F6
APG transaction

Common Stock

Sale

Transaction value
$1,489,071
Shares
-39,032
Change %
-100%
Price
$38.15
Shares after
0
Date
17 Jun 2024
Ownership
See Explanation of Responses
Footnotes
F1, F2, F4, F6
APG holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
27,032,516
Date
17 Jun 2024
Ownership
See Explanation of Responses
Footnotes
F1, F2, F5, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

VIKING GLOBAL INVESTORS LP is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

O. Andreas Halvorsen, David C. Ott and Rose S. Shabet are Executive Committee members of Viking Global Partners LLC ("Global Partners"), Viking Global Performance LLC ("VGP") and Viking Global Opportunities Parent GP LLC ("Parent"). Global Partners is the general partner of Viking Global Investors LP ("VGI"). Parent is the sole member of Viking Global Opportunities GP LLC ("Opportunities GP"), which is the sole member of Viking Global Opportunities Portfolio GP LLC ("Opportunities Portfolio GP"). VGI provides managerial services to various investment funds, including Viking Global Opportunities Illiquid Investments Sub-Master LP ("Opportunities Fund"), Viking Global Equities Master Ltd. ("VGEM") and Viking Global Equities II LP ("VGEII").

Footnote F2

VGP, VGI, Parent, Opportunities GP, Opportunities Portfolio GP, Opportunities Fund, VGEM, VGEII, Mr. Halvorsen, Mr. Ott and Ms. Shabet are, collectively, the "Reporting Persons". Because of the relationship between VGI and each of VGEM, VGEII and Opportunities Fund, VGI may be deemed to beneficially own the securities held directly by VGEM, VGEII and Opportunities Fund. Each of VGI, Mr. Halvorsen, Mr. Ott and Ms. Shabet may be deemed to beneficially own all of the securities reported on this form.

Footnote F3

These securities were held directly by VGEM. VGP provides managerial services to VGEM. Because of the relationship between VGP and VGEM, VGP may be deemed to beneficially own the securities held directly by VGEM.

Footnote F4

These securities were held directly by VGEII. VGP is the general partner of VGEII. Because of the relationship between VGP and VGEII, VGP may be deemed to beneficially own the securities held directly by VGEII.

Footnote F5

These securities are held directly by Opportunities Fund. Opportunities Portfolio GP is the general partner of Opportunities Fund. Opportunities GP is the sole member of Opportunities Portfolio GP. Parent is the sole member of Opportunities GP. Because of the relationship between each of Opportunities Portfolio GP, Opportunities GP, Parent and Opportunities Fund, each of Opportunities Portfolio GP, Opportunities GP and Parent may be deemed to beneficially own the securities held directly by Opportunities Fund.

Footnote F6

The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

SEC remarks

(7) The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. Because no more than 10 reporting persons can file any one Form 4 through the SEC's EDGAR system, VGP, VGEII and VGEM have jointly filed with the other Reporting Persons on a separate Form 4 filing submitted on the same day hereof. (8) Scott M. Hendler is signing on behalf of O. Andreas Halvorsen, David C. Ott and Rose S. Shabet, each individually and as an Executive Committee Member of VIKING GLOBAL PARTNERS LLC, on behalf of VIKING GLOBAL INVESTORS LP, and as an Executive Committee Member of VIKING GLOBAL OPPORTUNITIES PARENT GP LLC, on behalf of itself and VIKING GLOBAL OPPORTUNITIES GP LLC, VIKING GLOBAL OPPORTUNITIES PORTFOLIO GP LLC, and VIKING GLOBAL OPPORTUNITIES ILLIQUID INVESTMENTS SUB-MASTER LP, pursuant to authorization and designation letters dated February 9, 2021, which were filed with the Securities and Exchange Commission on June 7, 2021.

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