4//SEC Filing
Apollo Global Management LLC 4
Accession 0001181431-13-044778
CIK 0001411494operating
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 5:55 PM ET
Size
13.9 KB
Accession
0001181431-13-044778
Insider Transaction Report
Form 4
Spilker Marc
President
Transactions
- Exercise/Conversion
Class A Shares
2013-08-12$8.00/sh+208,333$1,666,664→ 3,541,645 total - Tax Payment
Class A Shares
2013-08-12$28.02/sh−100,256$2,809,173→ 3,298,819 total - Tax Payment
Class A Shares
2013-08-12$28.02/sh−142,570$3,994,811→ 3,399,075 total - Exercise/Conversion
Share Option (Right to Buy)
2013-08-12−208,333→ 2,916,667 totalExercise: $8.00From: 2011-12-31Exp: 2016-12-31→ Class A Shares (208,333 underlying)
Holdings
- 26,350(indirect: By Foundation)
Class A Shares
- 26,350(indirect: By Trust)
Class A Shares
Footnotes (8)
- [F1]The reporting person exercised a portion of his share options (the "Options") that were granted to the reporting person pursuant to the Apollo Global Management, LLC 2007 Omnibus Equity Incentive Plan (the "Plan") and, in connection with such exercise, the reporting person received one Class A share in exchange for each share option exercised.
- [F2]Represents the number of Class A shares withheld by the issuer at the time of exercise in connection with the satisfaction of the reporting person's (i) obligations for the payment of the exercise price and (ii) tax withholding obligations arising in connection with the exercise of the Options.
- [F3]Reported amount includes 1,937,500 restricted share units ("RSUs") granted under the Plan. Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one Class A share for each vested RSU. Subject to accelerated vesting in certain circumstances, the RSUs vest in installments in accordance with the terms of the applicable RSU award agreement, provided the reporting person remains in service through the applicable vesting date.
- [F4]Consists of Class A shares withheld by the issuer in order to satisfy the minimum tax withholding obligations of the reporting person arising in connection with the delivery of Class A shares underlying vested RSUs.
- [F5]These Class A shares are held by the Marc and Diane Spilker Foundation, a not-for-profit tax exempt organization for which the reporting person and his spouse are trustees with investment power. The reporting person disclaims beneficial ownership of the Class A shares held in the foundation, except to the extent of his pecuniary interest therein.
- [F6]These Class A shares are held in The Marc A. Spilker 2000 Family Trust, for the benefit of the reporting person's children, of which one of the reporting person's immediate family members is trustee and has investment power. The reporting person disclaims beneficial ownership of the Class A shares held in the trust, except to the extent of his pecuniary interest therein.
- [F7]The conversion price set forth above is on a per share basis.
- [F8]Subject to accelerated vesting in certain circumstances, the share option vested and became exercisable with respect to 833,333 shares on December 31, 2011 and, thereafter, continued to vest and become exercisable with respect to the balance of the grant in equal quarterly installments of 208,333 (or 208,334) Class A shares from March 31, 2012 through December 31, 2016, provided the reporting person remains in service through the applicable vesting date.
Documents
Issuer
Apollo Global Management LLC
CIK 0001411494
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001411494
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 5:55 PM ET
- Size
- 13.9 KB