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APi Group Corp — Director's Dealing 2024
Dec 20, 2024
30432_dirs_2024-12-20_bd03887e-2752-467a-91f6-16b943f1aaeb.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: APi Group Corp (APG)
CIK: 0001796209
Period of Report: 2024-12-13
Reporting Person: JACKOLA GLENN DAVID (Interim CFO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1272 | Direct |
| Common Stock | 686 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock (562) | Direct | ||
| Performance Stock Units | $ | Common Stock (3371) | Direct | ||
| Performance Stock Units | $ | Common Stock (4655) | Direct | ||
| Restricted Stock Units | $ | Common Stock (2846) | Direct | ||
| Performance Stock Units | $ | Common Stock (6405) | Direct | ||
| Restricted Stock Units | $ | Common Stock (2795) | Direct | ||
| Performance Stock Units | $ | Common Stock (4192) | Direct | ||
| Restricted Stock Units | $ | Common Stock (13235) | Direct |
Footnotes
F1: These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
F2: These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.
F3: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F4: 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. The 2022-1 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2022-1 PSUs.
F5: 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.
F6: These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
F7: Represents an award of performance stock units (the "2023 PSUs"). The 2023 PSUs will have a performance period beginning January 1, 2023 and ending December 31, 2025 and to the extent earned will vest 100% on December 31, 2025. 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. The 2023 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2023 PSUs.
F8: These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
F9: Represents an award of performance stock units (the "2024 PSUs"). The 2024 PSUs will have a performance period beginning January 1, 2024 and ending December 31, 2026 and to the extent earned will vest 100% on December 31, 2026. 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. The 2024 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2024 PSUs.
F10: These restricted stock units vest in three equal installments on December 1, 2025, December 1, 2026 and December 1, 2027.