Krumm Kevin 4
4 · APi Group Corp · Filed Sep 6, 2023
Insider Transaction Report
Form 4
Krumm Kevin
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2023-09-01+20,148→ 37,905 total - Exercise/Conversion
Restricted Stock Units
2023-09-01−20,148→ 20,148 total→ Common Stock (20,148 underlying) - Tax Payment
Common Stock
2023-09-01$28.41/sh−9,913$281,628→ 27,992 total
Holdings
- 403.964(indirect: By 401(k))
Common Stock
- 49,868
Performance Stock Units
→ Common Stock (49,868 underlying)
Footnotes (7)
- [F1]On September 1, 2023, 20,148 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]Shares acquired under the Issuer's Profit Sharing & 401(k) Plan in an exempt transaction pursuant to Rule 16b-3(c).
- [F4]These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
- [F5]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F6]These restricted stock units vest in three equal installments on September 1, 2022, September 1, 2023 and September 1, 2024.
- [F7]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.