0000899243-22-030346.txt : 20220906
0000899243-22-030346.hdr.sgml : 20220906
20220906070010
ACCESSION NUMBER: 0000899243-22-030346
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220901
FILED AS OF DATE: 20220906
DATE AS OF CHANGE: 20220906
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Krumm Kevin
CENTRAL INDEX KEY: 0001882340
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39275
FILM NUMBER: 221226829
MAIL ADDRESS:
STREET 1: C/O API GROUP CORPORATION
STREET 2: 1100 OLD HIGHWAY NW 8
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
2022-09-01
0
0001796209
APi Group Corp
APG
0001882340
Krumm Kevin
C/O API GROUP CORPORATION
1100 OLD HIGHWAY NW 8
NEW BRIGHTON
MN
55112
0
1
0
0
Chief Financial Officer
Common Stock
2022-09-01
4
M
0
20149
A
20149
D
Common Stock
2022-09-01
4
F
0
6166
15.44
D
13983
D
Restricted Stock Units
2022-09-01
4
M
0
20149
D
Common Stock
20149
40296
D
Restricted Stock Units
Common Stock
18055
18055
D
Performance Stock Units
Common Stock
36110
36110
D
Performance Stock Units
Common Stock
49868
49868
D
On September 1, 2022, 20,149 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
Shares withheld for tax liability.
Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
These restricted stock units vest in three equal installments on September 1, 2022, September 1, 2023 and September 1, 2024.
These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.
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.
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.
/s/ Kevin Krumm
2022-09-06