APi Group Corp — Director's Dealing 2025

Feb 26, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APi Group Corp (APG)
CIK: 0001796209
Period of Report: 2025-02-24

Reporting Person: JACKOLA GLENN DAVID (Interim CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-24	Common Stock	M	5900	—	Acquired	7172	Direct
2025-02-24	Common Stock	F	2691	$39.21	Disposed	4481	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-24	Restricted Stock Units	$	A	2551	Acquired		Common Stock (2551)	Direct
2025-02-24	Performance Stock Units	$	A	3826	Acquired		Common Stock (3826)	Direct
2025-02-24	Performance Stock Units	$	M	3371	Disposed		Common Stock (3371)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	686	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Performance Stock Units	$		Common Stock (4655)	4655	Direct
Performance Stock Units	$		Common Stock (6405)	6405	Direct
Restricted Stock Units	$		Common Stock (562)	562	Direct
Restricted Stock Units	$		Common Stock (2846)	2846	Direct
Performance Stock Units	$		Common Stock (4192)	4192	Direct
Restricted Stock Units	$		Common Stock (2795)	2795	Direct
Restricted Stock Units	$		Common Stock (13235)	13235	Direct

Footnotes

F1: The number of shares of the Issuer's Common Stock were acquired pursuant to the settlement of a performance share unit award (the "2022-1 PSUs"). The number of shares of Common Stock that were earned at the end of the performance period was increased based on results of the performance condition.

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 1, 2026, March 1, 2027, and March 1, 2028.

F6: Represents an award of performance stock units (the "2025 PSUs"). The 2025 PSUs will have a performance period beginning January 1, 2025 and ending December 31, 2027. 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 2025 PSUs, which are not a derivative security.

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. 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.

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. 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.

F10: These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.

F11: These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.

F12: 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. 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.

F13: These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.

F14: These restricted stock units vest in three equal installments on December 1, 2025, December 1, 2026 and December 1, 2027.