Kristina M. Morton - Mar 9, 2025 Form 4 Insider Report for APi Group Corp (APG)

Signature
/s/ Louis B. Lambert, Attorney-in-Fact
Stock symbol
APG
Transactions as of
Mar 9, 2025
Transactions value $
-$439,750
Form type
4
Date filed
3/11/2025, 04:19 PM
Previous filing
Mar 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction APG Common Stock Options Exercise $0 +25.7K +67.73% $0.00 63.6K Mar 9, 2025 Direct F1
transaction APG Common Stock Tax liability -$440K -12.1K -19.06% $36.28 51.5K Mar 9, 2025 Direct F2
holding APG Common Stock 283 Mar 9, 2025 By 401(k) Plan 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 $0 -25.7K -100% $0.00 0 Mar 9, 2025 Common Stock 25.7K Direct F4, F5
holding APG Performance Stock Units 18.3K Mar 9, 2025 Common Stock 18.3K Direct F6
holding APG Restricted Stock Units 4.06K Mar 9, 2025 Common Stock 4.06K Direct F4, F7
holding APG Performance Stock Units 13.3K Mar 9, 2025 Common Stock 13.3K Direct F8
holding APG Restricted Stock Units 5.89K Mar 9, 2025 Common Stock 5.89K Direct F4, F9
holding APG Performance Stock Units 14.1K Mar 9, 2025 Common Stock 14.1K Direct F10
holding APG Restricted Stock Units 9.43K Mar 9, 2025 Common Stock 9.43K Direct F4, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 9, 2025, 25,678 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 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.
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 "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.
F9 These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
F10 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.
F11 These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.