AI assistant
APi Group Corp — Director's Dealing 2022
Mar 11, 2022
30432_dirs_2022-03-11_b4fd8e53-4f67-4d8c-95e9-99e9e2ba406f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APi Group Corp (APG)
CIK: 0001796209
Period of Report: 2022-03-09
Reporting Person: JACKOLA GLENN DAVID (Vice President & Controller)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-09 | Restricted Stock Units | $ | A | 1686 | Acquired | Common Stock (1686) | Direct | |
| 2022-03-09 | Performance Stock Units | $ | A | 3371 | Acquired | Common Stock (3371) | Direct | |
| 2022-03-09 | Performance Stock Units | $ | A | 4655 | Acquired | Common Stock (4655) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F2: These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.
F3: Represents an award of performance stock units (the "2022-1 PSUs"). The 2022-1 PSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 and to the extent earned will vest 100% on December 31, 2024. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition.
F4: Represents an award of performance stock units (the "2022-2 PSUs"). The 2022-2 PSUs will vest upon the Issuer's Common Stock achieving a specified price per share over a specified period by March 9, 2027 and to the extent earned will vest 100% on the later of the date that such performance condition is satisfied and March 9, 2025, the third anniversary of the grant date.