0000899243-21-039148.txt : 20211005
0000899243-21-039148.hdr.sgml : 20211005
20211005144537
ACCESSION NUMBER: 0000899243-21-039148
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211001
FILED AS OF DATE: 20211005
DATE AS OF CHANGE: 20211005
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Becker Russell A.
CENTRAL INDEX KEY: 0001805568
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39275
FILM NUMBER: 211306261
MAIL ADDRESS:
STREET 1: C/O API GROUP, INC.
STREET 2: 1100 OLD HIGHWAY 8 NW
CITY: NEW BRIGHTON
STATE: MN
ZIP: 55112
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: APi Group Corp
CENTRAL INDEX KEY: 0001796209
STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700]
IRS NUMBER: 981510303
STATE OF INCORPORATION: D8
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O API GROUP, INC.
STREET 2: 1100 OLD HIGHWAY 8 NW
CITY: NEW BRIGHTON
STATE: MN
ZIP: 55112
BUSINESS PHONE: 651-636-4320
MAIL ADDRESS:
STREET 1: C/O API GROUP, INC.
STREET 2: 1100 OLD HIGHWAY 8 NW
CITY: NEW BRIGHTON
STATE: MN
ZIP: 55112
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-10-01
0
0001796209
APi Group Corp
APG
0001805568
Becker Russell A.
C/O API GROUP CORPORATION
1100 OLD HIGHWAY NW 8
NEW BRIGHTON
MN
55112
1
1
0
0
PRESIDENT AND CEO
Common Stock
2021-10-01
4
M
0
163333
A
1101563
D
Common Stock
2021-10-01
4
F
0
67734
21.19
D
1033829
D
Common Stock
170000
I
By Spouse
Common Stock
812
I
By Son
Common Stock
700
I
By Son
Common Stock
700
I
By Son
Common Stock
505000
I
By Trust
Common Stock
605000
I
By Trust
Common Stock
572993
I
By Trust
Common Stock
564.3564
I
By 401(k) Plan
Restricted Stock Units
2021-10-01
4
M
0
163333
D
Common Stock
163333
163333
D
Restricted Stock Units
Common Stock
52356
52356
D
Performance Stock Units
Common Stock
209425
209425
D
On October 1, 2021, 163,333 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
Share withheld for tax liability.
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.
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.
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.
These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
These restricted stock units vest in equal installments on October 1, 2021 and October 1, 2022.
These restricted stock units vest in equal installments on February 17, 2022, February 17, 2023 and February 17, 2024.
Represents an award of performance stock units (the "2021 PSUs"). The 2021 PSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest 100% on December 31, 2023. 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 the results of the performance condition.
/s/ Andrea Fike as Attorney-in-Fact
2021-10-05