Becker Russell A. 4

Accession 0001628280-25-008199

CIK 0001796209other

View on SEC.gov Company Profile

Filed

Feb 25, 7:00 PM ET

Accepted

Feb 26, 4:35 PM ET

Size

29.7 KB

Accession

0001628280-25-008199

Insider Transaction Report

Form 4

Period: 2025-02-24

APi Group CorpAPG

Becker Russell A.

DirectorPresident and CEO

Transactions

Exercise/Conversion
Performance Stock Units
2025-02-24−103,997→ 0 total
→ Common Stock (103,997 underlying)
Tax Payment
Common Stock
2025-02-24$39.21/sh−102,328$4,012,281→ 1,369,652 total
Award
Performance Stock Units
2025-02-24+98,126→ 98,126 total
→ Common Stock (98,126 underlying)
Exercise/Conversion
Common Stock
2025-02-24+207,994→ 1,471,980 total
Award
Restricted Stock Units
2025-02-24+65,417→ 65,417 total
→ Common Stock (65,417 underlying)

Holdings

Common Stock
(indirect: By Trust)
531,680
Common Stock
(indirect: By Spouse)
130,950
Common Stock
(indirect: By Son)
700
Common Stock
(indirect: By Son)
700
Performance Stock Units
→ Common Stock (146,030 underlying)
146,030
Restricted Stock Units
→ Common Stock (66,891 underlying)
66,891
Common Stock
(indirect: By Trust)
644,050
Common Stock
(indirect: By Trust)
572,993
Performance Stock Units
→ Common Stock (143,618 underlying)
143,618
Restricted Stock Units
→ Common Stock (17,333 underlying)
17,333
Restricted Stock Units
→ Common Stock (64,902 underlying)
64,902
Performance Stock Units
→ Common Stock (100,336 underlying)
100,336
Common Stock
(indirect: By Son)
812
Common Stock
(indirect: By 401(k))
1,795

Footnotes (16)

[F1]The number of shares of the Issuer's Common Stock were acquired pursuant to the settlement of a performance share unit award (the "2022-1 PSUs"). The number of shares of Common Stock that were earned at the end of the performance period was increased based on results of the performance condition.
[F10]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. 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.
[F11]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.
[F12]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. 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.
[F13]These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.
[F14]These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
[F15]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 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.
[F16]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]The securities are held by the Patricia L. Becker Legacy Trust dated December 21, 2020 (the "Legacy Trust"). Mr. Becker is the trustee of the Legacy Trust and Mr. Becker may be considered to have beneficial ownership of the Legacy Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
[F4]The securities are held by the Russell A. Becker GST Trust dated November 30, 2020 (the "GST Trust"). Mr. Becker's spouse is the trustee of the GST Trust and Mr. Becker may be considered to have beneficial ownership of the GST Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
[F5]The securities are held by the Russell A. Becker 2016 Family Trust (the "Family Trust"). Mr. Becker's spouse is the trustee of the Family Trust and Mr. Becker may be considered to have beneficial ownership of the Family Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.
[F6]These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
[F7]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
[F8]These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
[F9]Represents an award of performance stock units (the "2025 PSUs"). The 2025 PSUs will have a performance period beginning January 1, 2025 and ending December 31, 2027. 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 2025 PSUs, which are not a derivative security.

Documents

1 file

4
wk-form4_1740605728.xmlPrimary
FORM 4

Issuer

APi Group Corp

CIK 0001796209

→

Entity typeother

Related Parties

filerCIK 0001805568

Filing Metadata

Form type: 4
Filed: Feb 25, 7:00 PM ET
Accepted: Feb 26, 4:35 PM ET
Size: 29.7 KB

View on SEC.gov