APi Group Corp — Director's Dealing 2024

Jun 18, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APi Group Corp (APG)
CIK: 0001796209
Period of Report: 2024-06-14

Reporting Person: LILLIE JAMES E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-06-15	Common Stock	M	3948	—	Acquired	1146203	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-06-14	Restricted Stock Units	$	A	3810	Acquired		Common Stock (3810)	Direct
2024-06-15	Restricted Stock Units	$	M	3948	Disposed		Common Stock (3948)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1659	Indirect
Common Stock	5330411	Indirect

Holdings (Derivative)

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

Footnotes

F1: On June 15, 2024, 3,948 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 and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. JTOO LLC, which is owned by the Lillie 2015 Dynasty Trust, of which Mr. Lillie is the grantor, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 1,659 shares of Common Stock and 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Lillie 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 JTOO LLC, of which Mr. Lillie is the manager.

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 June 14, 2025, 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.

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).