Krumm Kevin 4
4 · APi Group Corp · Filed Feb 28, 2024
Insider Transaction Report
Form 4
Krumm Kevin
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-27+11,273→ 39,765 total - Award
Restricted Stock Units
2024-02-26+23,247→ 23,247 total→ Common Stock (23,247 underlying) - Exercise/Conversion
Restricted Stock Units
2024-02-27−11,273→ 22,545 total→ Common Stock (11,273 underlying) - Sale
Common Stock
2024-02-27$35.72/sh−5,585$199,496→ 34,180 total
Holdings
- 404(indirect: By 401(k))
Common Stock
- 49,868
Performance Stock Units
→ Common Stock (49,868 underlying)
Footnotes (8)
- [F1]On February 27, 2024, 11,273 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
- [F2]Includes 500 shares acquired under the Issuer's employee stock purchase plan on June 30, 2023.
- [F3]Shares withheld for tax liability.
- [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 equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
- [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 "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.