Sec Form 3 Filing - JACKOLA GLENN DAVID @ APi Group Corp - 2024-12-13

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
JACKOLA GLENN DAVID
2. Issuer Name and Ticker or Trading Symbol
APi Group Corp [ APG]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Interim CFO
(Last) (First) (Middle)
C/O API GROUP, INC., 1100 OLD HIGHWAY 8 NW
3. Date of Earliest Transaction (MM/DD/YY)
12/13/2024
(Street)
NEW BRIGHTON, MN55112
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 1,272 D
Common Stock 686 I By 401(k) Plan ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 3 ) ( 2 ) ( 2 ) Common Stock 562 D
Performance Stock Units ( 4 ) ( 4 ) ( 4 ) Common Stock 3,371 D
Performance Stock Units ( 5 ) ( 5 ) ( 5 ) Common Stock 4,655 D
Restricted Stock Units ( 3 ) ( 6 ) ( 6 ) Common Stock 2,846 D
Performance Stock Units ( 7 ) ( 7 ) ( 7 ) Common Stock 6,405 D
Restricted Stock Units ( 3 ) ( 8 ) ( 8 ) Common Stock 2,795 D
Performance Stock Units ( 9 ) ( 9 ) ( 9 ) Common Stock 4,192 D
Restricted Stock Units ( 3 ) ( 10 ) ( 10 ) Common Stock 13,235 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
JACKOLA GLENN DAVID
C/O API GROUP, INC.
1100 OLD HIGHWAY 8 NW
NEW BRIGHTON, MN55112
Interim CFO
Signatures
/s/ Louis B. Lambert, Attorney-in-Fact 12/20/2024
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
( 2 )These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.
( 3 )Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
( 4 )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 2022-1 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2022-1 PSUs.
( 5 )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.
( 6 )These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
( 7 )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 2023 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2023 PSUs.
( 8 )These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
( 9 )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 2024 PSUs are not a derivative security, however the Reporting Person is voluntarily reporting the ownership of the 2024 PSUs.
( 10 )These restricted stock units vest in three equal installments on December 1, 2025, December 1, 2026 and December 1, 2027.

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