APi Group Corp — Director's Dealing 2023

Jun 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APi Group Corp (APG)
CIK: 0001796209
Period of Report: 2023-06-15

Reporting Person: ASHKEN IAN G H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-15	Common Stock	M	6266	—	Acquired	11142	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-15	Restricted Stock Units	$	M	6266	Disposed		Common Stock (6266)	Direct
2023-06-15	Restricted Stock Units	$	A	3948	Acquired		Common Stock (3948)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4939333	Indirect
Common Stock	216920	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Series A Preferred Stock	$		Common Stock (768000)	768000	Indirect

Footnotes

F1: On June 15, 2023, 6,266 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

F2: The shares of Common Stock reported herein are held directly by IGHA Holdings, LLLP, the general partner of which is wholly-owned by The Ian G.H. Ashken Living Trust (the "Ashken Trust"), of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

F3: The shares of Common Stock reported herein are held directly by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

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 on the earlier of (i) June 15, 2023, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2023 annual meeting of stockholders.

F6: These restricted stock units vest on June 15, 2024, 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.

F7: 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).