APi Group Corp — Director's Dealing 2024

Mar 12, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APi Group Corp (APG)
CIK: 0001796209
Period of Report: 2024-03-09

Reporting Person: MORTON KRISTINA M (SVP and Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-09	Common Stock	M	25678	—	Acquired	46021	Direct
2024-03-09	Common Stock	F	12121	$38.93	Disposed	33900	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-09	Restricted Stock Units	$	M	25678	Disposed		Common Stock (25678)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Stock Units	$		Common Stock (18254)	18254	Direct
Restricted Stock Units	$		Common Stock (8113)	8113	Direct
Performance Stock Units	$		Common Stock (13253)	13253	Direct
Restricted Stock Units	$		Common Stock (8835)	8835	Direct

Footnotes

F1: On March 9, 2024, 25,678 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

F2: Shares withheld for tax liability.

F3: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F4: These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.

F5: 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 Reporting Person is voluntarily reporting the 2023 PSUs, which are not a derivative security.

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 "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 Reporting Person is voluntarily reporting the 2024 PSUs, which are not a derivative security.

F8: These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.