James Richard Belardi - 01 Jan 2022 Form 4 Insider Report for Apollo Global Management, Inc. (APO)

Role
CEO of Athene Holding Ltd., Director
Signature
/s/ Jessica L. Lomm, as Attorney-in-Fact
Issuer symbol
APO
Transactions as of
01 Jan 2022
Net transactions value
$0
Form type
4
Filing time
04 Jan 2022, 17:29:26 UTC
Next filing
07 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APO Common Stock Award +175,786 175,786 01 Jan 2022 Direct F1, F2, F3
transaction APO Common Stock Award +182,826 183 01 Jan 2022 By James and Leslie Belardi Family Trust F1, F2, F4
transaction APO Common Stock Award +1,598,552 1,598,552 01 Jan 2022 By Belardi 2019 GRAT F1, F2, F5
transaction APO Common Stock Award +203,131 203,131 01 Jan 2022 By Belardi 2020 GRAT F1, F2
transaction APO Common Stock Award +373,219 373,219 01 Jan 2022 By Belardi Family Irrevocable Trust F1, F2, F6
transaction APO Common Stock Award +1,870,597 1,870,597 01 Jan 2022 JB Athene Investments, LLC F1, F2, F7
transaction APO Common Stock Award +1,523,411 1,523,411 01 Jan 2022 JB Athene Investments II, LLC F1, F2, F8

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 APO Employee Stock Option (Right to Buy) Award +67,430 67,430 01 Jan 2022 Common Stock 67,430 $40.44 By James and Leslie Belardi Family Trust F1, F2, F9, F10
transaction APO Employee Stock Option (Right to Buy) Award +76,153 76,153 01 Jan 2022 Common Stock 76,153 $41.82 By James and Leslie Belardi Family Trust F1, F2, F9, F11
transaction APO Employee Stock Option (Right to Buy) Award +74,033 74,033 01 Jan 2022 Common Stock 74,033 $36.94 By James and Leslie Belardi Family Trust F1, F2, F9, F11
transaction APO Employee Stock Option (Right to Buy) Award +66,990 66,990 01 Jan 2022 Common Stock 66,990 $43.26 By James and Leslie Belardi Family Trust F1, F2, F9, F12
transaction APO Employee Stock Option (Right to Buy) Award +76,153 76,153 01 Jan 2022 Common Stock 76,153 $44.60 By James and Leslie Belardi Family Trust F1, F2, F9, F11
transaction APO Employee Stock Option (Right to Buy) Award +147,813 147,813 01 Jan 2022 Common Stock 147,813 $29.55 By James and Leslie Belardi Family Trust F1, F2, F9, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 1, 2022, pursuant to the Agreement and Plan of Merger, dated as of March 8, 2021 (the ?Merger Agreement?), by and among Apollo Global Management, Inc., a Delaware corporation (?AGM?), Athene Holding Ltd, a Bermuda exempted company (?AHL?), Tango Holdings, Inc., a Delaware corporation and a direct wholly owned subsidiary of AGM (?Holdings?), Blue Merger Sub, Ltd., a Bermuda exempted company and a direct wholly owned subsidiary of Holdings (?AHL Merger Sub?), and Green Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of Holdings (?AGM Merger Sub?), AGM Merger Sub merged with and into AGM with AGM as the surviving corporation and a direct subsidiary of Holdings (the ?AGM Merger?), and AHL Merger Sub merged with and into AHL with AHL as the surviving corporation and a direct subsidiary of Holdings (the ?AHL Merger?, and together with the AGM Merger, the ?Mergers?). (Con?t in FN2)
F2 (Con?t from FN1) On January 1, 2022, upon the consummation of the Mergers, (a) each share of common stock (other than shares held by AGM as treasury shares or by a subsidiary of AGM) or other equity interest of AGM was converted into one share of common stock or equivalent equity interest of Holdings, (b) each common share (other than common shares held by AHL as treasury shares or by a subsidiary of AGM or AHL) or other equity interest of AHL was converted into the right to receive 1.149 shares of common stock or equivalent equity interest of Holdings, (c) AGM was renamed Apollo Asset Management, Inc. and (d) Holdings was renamed Apollo Global Management, Inc.
F3 Reported amount includes 137,135 restricted stock units (?RSUs?). RSUs represent the right to receive shares of Apollo Global Management, Inc. pursuant to an equity plan administered by Apollo Global Management, Inc.
F4 Reported amount includes 59,559 RSUs.
F5 Amount includes 1,598,552 shares of AGM common stock issued as consideration upon the exchange of AHL warrants as contemplated by the Merger Agreement.
F6 Amount includes 354,081 shares of AGM common stock issued as consideration upon the exchange of AHL warrants as contemplated by the Merger Agreement.
F7 Amount includes 1,687,107 shares of AGM common stock issued as consideration upon the exchange of AHL warrants as contemplated by the Merger Agreement.
F8 Amount includes 539,537 shares of AGM common stock issued as consideration upon the exchange of AHL warrants as contemplated by the Merger Agreement.
F9 Exercise price calculated by dividing the exercise price in effect prior to the consummation of the Mergers by 1.149.
F10 This option vests ratably on each of the first three anniversaries of the January 1, 2021 vesting start date.
F11 This option is fully vested.
F12 This option vests ratably on each of the first three anniversaries of the January 1, 2020 vesting start date.