4//SEC Filing
ASHKEN IAN G H 4
Accession 0001628280-26-000194
CIK 0001796209other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 4:56 PM ET
Size
16.9 KB
Accession
0001628280-26-000194
Insider Transaction Report
Form 4
ASHKEN IAN G H
Director
Transactions
- Award
Common Stock
2025-12-31+2,913,565→ 2,918,648 total(indirect: By LLC) - Other
Common Stock
2026-01-02$38.97/sh−9,979$388,882→ 2,908,669 total(indirect: By LLC) - Other
Common Stock
2026-01-02−2,893,117→ 15,552 total(indirect: By LLC) - Other
Common Stock
2026-01-02+2,893,117→ 10,861,284 total(indirect: By Trust)
Holdings
- 53,730(indirect: By Trust)
Common Stock
- 300,000(indirect: See footnote)
Common Stock
- 4,740
Restricted Stock Units
→ Common Stock (4,740 underlying) - 1,152,000(indirect: By LLC)
Series A Preferred Stock
→ Common Stock (1,152,000 underlying)
Footnotes (10)
- [F1]Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.
- [F10]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).
- [F2]The shares of Common Stock (prior to the transactions described in footnotes 3 and 4) and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. The Nancy and Ian Ashken Investment Trust LLLP (the "Ashken Investment Trust"), 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 2,918,648 shares of Common Stock (prior to the transactions described in footnotes 3 and 4) and 1,152,000 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]Represents a transfer to employees of an affiliate of Mariposa Acquisition IV, LLC for services provided.
- [F4]Represents a pro rata distribution from Mariposa Acquisition IV, LLC to the Ashken Investment Trust.
- [F5]The shares of Common Stock reported herein are held directly by the Ashken Investment Trust, the general partner of which is wholly-owned 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.
- [F6]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.
- [F7]Held jointly in an account by the Ashken Trust and the Nancy K. Ashken Living Trust.
- [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 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.
Documents
Issuer
APi Group Corp
CIK 0001796209
Entity typeother
Related Parties
1- filerCIK 0001093725
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 4:56 PM ET
- Size
- 16.9 KB