Paul W. Grunau - 01 Oct 2021 Form 4 Insider Report for APi Group Corp (APG)

Role
CHIEF LEARNING OFFICER
Signature
/s/ Andrea Fike as Attorney-in-Fact
Issuer symbol
APG
Transactions as of
01 Oct 2021
Transactions value $
$0
Form type
4
Filing time
05 Oct 2021, 14:47:14 UTC
Next filing
22 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APG Common Stock Options Exercise +16.3K +3% 559K 01 Oct 2021 Direct F1
holding APG Common Stock 271 01 Oct 2021 By 401(k) Plan F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction APG Restricted Stock Units Options Exercise -16.3K -50% 16.3K 01 Oct 2021 Common Stock 16.3K Direct F1, F4, F5
holding APG Restricted Stock Units 3.56K 01 Oct 2021 Common Stock 3.56K Direct F4, F6
holding APG Performance Stock Units 14.2K 01 Oct 2021 Common Stock 14.2K Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 1, 2021, 16,260 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
F2 Shares acquired under the Issuer's Profit Sharing & 401(k) Plan in an exempt transaction pursuant to Rule 16b-3(c).
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 October 1, 2020, October 1, 2021 and October 1, 2022.
F6 These restricted stock units vest in equal installments on February 17, 2022, February 17, 2023 and February 17, 2024.
F7 Represents an award of performance stock units (the "2021 PSUs"). The 2021 PSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest 100% on December 31, 2023. 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 the results of the performance condition.