Krumm Kevin 4
4 · APi Group Corp · Filed Mar 13, 2023
Insider Transaction Report
Form 4
Krumm Kevin
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-03-09−6,019→ 12,036 total→ Common Stock (6,019 underlying) - Exercise/Conversion
Common Stock
2023-03-09+6,019→ 20,502 total - Tax Payment
Common Stock
2023-03-09$22.72/sh−2,745$62,366→ 17,757 total
Holdings
- 49,868
Performance Stock Units
→ Common Stock (49,868 underlying)
Footnotes (5)
- [F1]On March 9, 2023, 6,019 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]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F4]These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.
- [F5]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.