4//SEC Filing
Krumm Kevin 4
Accession 0001628280-24-010666
CIK 0001796209other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 5:40 PM ET
Size
20.5 KB
Accession
0001628280-24-010666
Insider Transaction Report
Form 4
Krumm Kevin
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2024-03-09+6,018→ 40,198 total - Tax Payment
Common Stock
2024-03-09$38.93/sh−2,961$115,272→ 37,237 total - Exercise/Conversion
Restricted Stock Units
2024-03-09−6,018→ 6,018 total→ Common Stock (6,018 underlying)
Holdings
- 50,726
Performance Stock Units
→ Common Stock (50,726 underlying) - 404(indirect: By 401(k))
Common Stock
- 20,148
Restricted Stock Units
→ Common Stock (20,148 underlying) - 22,545
Restricted Stock Units
→ Common Stock (22,545 underlying) - 34,871
Performance Stock Units
→ Common Stock (34,871 underlying) - 23,247
Restricted Stock Units
→ Common Stock (23,247 underlying) - 49,868
Performance Stock Units
→ Common Stock (49,868 underlying) - 36,110
Performance Stock Units
→ Common Stock (36,110 underlying)
Footnotes (12)
- [F1]On March 9, 2024, 6,018 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
- [F10]These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
- [F11]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.
- [F12]These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
- [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]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 "2022-1 PSUs"). The 2022-1 PSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 and to the extent earned will vest 100% on December 31, 2024. 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 2022-1 PSUs, which are not a derivative security.
- [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.
- [F9]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.
Documents
Issuer
APi Group Corp
CIK 0001796209
Entity typeother
Related Parties
1- filerCIK 0001882340
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 5:40 PM ET
- Size
- 20.5 KB