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: Krumm Kevin (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-09	Common Stock	M	6018	—	Acquired	40198	Direct
2024-03-09	Common Stock	F	2961	$38.93	Disposed	37237	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-03-09	Restricted Stock Units	$	M	6018	Disposed		Common Stock (6018)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	404	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Common Stock (20148)	20148	Direct
Performance Stock Units	$		Common Stock (36110)	36110	Direct
Performance Stock Units	$		Common Stock (49868)	49868	Direct
Performance Stock Units	$		Common Stock (50726)	50726	Direct
Restricted Stock Units	$		Common Stock (22545)	22545	Direct
Performance Stock Units	$		Common Stock (34871)	34871	Direct
Restricted Stock Units	$		Common Stock (23247)	23247	Direct

Footnotes

F1: On March 9, 2024, 6,018 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: 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 March 9, 2023, March 9, 2024 and March 9, 2025.

F6: These restricted stock units vest in three equal installments on September 1, 2022, September 1, 2023 and September 1, 2024.

F7: 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 Reporting Person is voluntarily reporting the 2022-1 PSUs, which are not a derivative security.

F8: 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.

F9: 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.

F10: These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.

F11: 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.

F12: These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.