APi Group Corp — Director's Dealing 2022

Feb 22, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APi Group Corp (APG)
CIK: 0001796209
Period of Report: 2022-02-17

Reporting Person: Grunau Paul W. (CHIEF LEARNING OFFICER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-17	Common Stock	M	1187	—	Acquired	560432	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-17	Restricted Stock Units	$	M	1187	Disposed		Common Stock (1187)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	271.3767	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (16260)	16260	Direct
Performance Stock Units	$		Common Stock (14242)	14242	Direct

Footnotes

F1: On February 17, 2022, 1,187 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

F2: Includes 562 shares acquired pursuant to the APi Group Corporation 2020 Employee Stock Purchase Plan.

F3: These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.

F4: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F5: These restricted stock units vest in equal installments on October 1, 2020, October 1, 2021 and October 1, 2022.

F6: These restricted stock units vest in equal installments on February 17, 2022, February 17, 2023 and February 17, 2024.

F7: Represents an award of performance stock units (the "2021 PSUs"). The 2021 PSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest 100% on December 31, 2023. 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 the results of the performance condition.