Becker Russell A. 4

Accession 0001628280-25-009498

CIK 0001796209other

View on SEC.gov Company Profile

Filed

Mar 2, 7:00 PM ET

Accepted

Mar 3, 5:04 PM ET

Size

30.3 KB

Accession

0001628280-25-009498

Insider Transaction Report

Form 4

Period: 2025-02-27

APi Group CorpAPG

Becker Russell A.

DirectorPresident and CEO

Transactions

Exercise/Conversion
Common Stock
2025-02-27+32,451→ 1,402,103 total
Exercise/Conversion
Common Stock
2025-03-01+22,297→ 1,408,434 total
Tax Payment
Common Stock
2025-03-01$39.27/sh−10,971$430,831→ 1,397,463 total
Exercise/Conversion
Restricted Stock Units
2025-03-01−22,297→ 44,594 total
→ Common Stock (22,297 underlying)
Tax Payment
Common Stock
2025-02-27$38.70/sh−15,966$617,884→ 1,386,137 total
Exercise/Conversion
Restricted Stock Units
2025-02-27−32,451→ 32,451 total
→ Common Stock (32,451 underlying)

Holdings

Common Stock
(indirect: By Trust)
531,680
Common Stock
(indirect: By Son)
812
Common Stock
(indirect: By Trust)
572,993
Performance Stock Units
→ Common Stock (146,030 underlying)
146,030
Restricted Stock Units
→ Common Stock (17,333 underlying)
17,333
Performance Stock Units
→ Common Stock (98,126 underlying)
98,126
Restricted Stock Units
→ Common Stock (65,417 underlying)
65,417
Common Stock
(indirect: By Spouse)
130,950
Common Stock
(indirect: By Trust)
644,050
Common Stock
(indirect: By Son)
700
Performance Stock Units
→ Common Stock (143,618 underlying)
143,618
Common Stock
(indirect: By 401(k))
1,795
Performance Stock Units
→ Common Stock (100,336 underlying)
100,336
Common Stock
(indirect: By Son)
700

Footnotes (16)

[F1]On February 27, 2025, 32,451 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 March 1, 2025, March 1, 2026, and March 1, 2027.
[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]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. The Reporting Person is voluntarily reporting the 2025 PSUs, which are not a derivative security.
[F15]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.
[F16]These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
[F2]Shares withheld for tax liability.
[F3]On March 1, 2025, 22,297 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
[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 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.
[F6]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.
[F7]These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
[F8]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
[F9]These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.

Documents

1 file

4
wk-form4_1741039457.xmlPrimary
FORM 4

Issuer

APi Group Corp

CIK 0001796209

→

Entity typeother

Related Parties

filerCIK 0001805568

Filing Metadata

Form type: 4
Filed: Mar 2, 7:00 PM ET
Accepted: Mar 3, 5:04 PM ET
Size: 30.3 KB

View on SEC.gov