4//SEC Filing
ASHKEN IAN G H 4
Accession 0001628280-25-031928
CIK 0001796209other
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 5:49 PM ET
Size
14.9 KB
Accession
0001628280-25-031928
Insider Transaction Report
Form 4
ASHKEN IAN G H
Director
Transactions
- Exercise/Conversion
Common Stock
2025-06-14+3,810→ 3,810 total - Exercise/Conversion
Restricted Stock Units
2025-06-14−3,810→ 0 total→ Common Stock (3,810 underlying)
Holdings
- 200,000(indirect: See footnote)
Common Stock
- 3,389(indirect: By LLC)
Common Stock
- 5,612,102(indirect: by IGHA Holdings, LLLP)
Common Stock
- 32,010(indirect: By Trust)
Common Stock
- 3,160
Restricted Stock Units
→ Common Stock (3,160 underlying) - 768,000(indirect: By LLC)
Series A Preferred Stock
→ Common Stock (768,000 underlying)
Footnotes (9)
- [F1]On June 14, 2025, 3,810 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
- [F2]The shares of Common Stock and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. IGHA Holdings, LLLP, the general partner of which is wholly-owned by The Ian G.H. Ashken Living Trust (the "Ashken Trust"), of which Mr. Ashken is the trustee and beneficiary, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 3,389 shares of Common Stock and 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
- [F3]The shares of Common Stock reported herein are held directly by IGHA Holdings, LLLP, the general partner of which is wholly-owned by The Ian G.H. Ashken Living Trust (the "Ashken Trust"), of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
- [F4]The shares of Common Stock reported herein are held directly by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
- [F5]Held jointly in an account by the Ashken Trust and the Nancy K. Ashken Living Trust.
- [F6]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- [F7]These restricted stock units vested on June 14, 2025, which is the one-year anniversary of the grant date, subject to the Reporting Person's continuous service with the Issuer as of the vesting date.
- [F8]These restricted stock units vest on May 16, 2026, which is the one-year anniversary of the grant date, subject to the Reporting Person's continuous service with the Issuer as of the vesting date.
- [F9]The Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of Common Stock for no additional consideration. The Series A Preferred Stock shall automatically convert into Common Stock on the last day of the seventh full financial year of the Issuer following October 1, 2019 (or if such date is not a trading day, the first trading day immediately following such date).
Documents
Issuer
APi Group Corp
CIK 0001796209
Entity typeother
Related Parties
1- filerCIK 0001093725
Filing Metadata
- Form type
- 4
- Filed
- Jun 16, 8:00 PM ET
- Accepted
- Jun 17, 5:49 PM ET
- Size
- 14.9 KB