AI assistant
APi Group Corp — Director's Dealing 2024
Feb 29, 2024
30432_dirs_2024-02-28_16c2fc5a-cf0c-4fcc-b09c-3b5629a1f152.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APi Group Corp (APG)
CIK: 0001796209
Period of Report: 2024-02-26
Reporting Person: Krumm Kevin (EVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-27 | Common Stock | M | 11273 | — | Acquired | 39765 | Direct |
| 2024-02-27 | Common Stock | S | 5585 | $35.72 | Disposed | 34180 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-26 | Restricted Stock Units | $ | A | 23247 | Acquired | Common Stock (23247) | Direct | |
| 2024-02-27 | Restricted Stock Units | $ | M | 11273 | Disposed | Common Stock (11273) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 404 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Stock Units | $ | Common Stock (49868) | 49868 | Direct |
Footnotes
F1: On February 27, 2024, 11,273 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
F2: Includes 500 shares acquired under the Issuer's employee stock purchase plan on June 30, 2023.
F3: Shares withheld for tax liability.
F4: These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
F5: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
F6: These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
F7: These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
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.