0001209191-23-011734.txt : 20230222
0001209191-23-011734.hdr.sgml : 20230222
20230222170446
ACCESSION NUMBER: 0001209191-23-011734
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20230217
FILED AS OF DATE: 20230222
DATE AS OF CHANGE: 20230222
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: 23654424
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
2023-02-17
0
0001796209
APi Group Corp
APG
0001805568
Becker Russell A.
C/O API GROUP CORPORATION
1100 OLD HIGHWAY 8 NW
NEW BRIGHTON
MN
55112
1
1
0
0
President and CEO
Common Stock
2023-02-17
4
M
0
17452
A
1119341
D
Common Stock
2023-02-17
4
F
0
5332
22.06
D
1114009
D
Common Stock
130950
I
By Spouse
Common Stock
812
I
By Son
Common Stock
700
I
By Son
Common Stock
700
I
By Son
Common Stock
531680
I
By Trust
Common Stock
644050
I
By Trust
Common Stock
572993
I
By Trust
Common Stock
1108.718
I
By 401(k) Plan
Restricted Stock Units
2023-02-17
4
M
0
17452
D
Common Stock
17452
17452
D
Performance Stock Units
Common Stock
143618
143618
D
On February 17, 2023, 17,452 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.
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.
Share acquired under the Issuer's Profit Sharing & 401(k) Plan in an exempt transaction pursuant to Rule 16b-3(c).
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 February 17, 2022, February 17, 2023 and February 17, 2024.
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.
Louis B. Lambert, Attorney-in-Fact
2023-02-22
EX-24
2
poa.txt
POA DOCUMENT
SECTION 16 POWER OF ATTORNEY
The undersigned hereby constitutes and appoints each of Kevin S. Krumm and Louis
B. Lambert, signing singly, the undersigned's true and lawful attorney-in-fact
to:
1. execute for and on behalf of the undersigned, in the undersigned's capacity
as an officer and/or director of APi Group Corporation (the "Company"), Forms 3,
4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), and the rules thereunder;
2. do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Form 3, 4, or 5,
complete and execute any amendment or amendments thereto, and timely file such
form with the SEC and any stock exchange or similar authority; and
3. take any other action of any type whatsoever in connection with the foregoing
which, in the opinion of such attorney-in-fact, may be of benefit to, in the
best interest of, or legally required by, the undersigned, it being understood
that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full power and
authority to do and perform any and every act and thing whatsoever requisite,
necessary, or proper to be done in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned might or
could do if personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or such
attorney-in-facts substitute or substitutes, shall lawfully do or cause to be
done by virtue of this Power of Attorney and the rights and powers herein
granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in
serving in such capacity at the request of the undersigned, are not assuming,
nor is the Company assuming, any of the undersigned's responsibilities to comply
with Section 16 of the Exchange Act.
The undersigned hereby revokes all previous powers of attorney that have been
granted by him in connection with his reporting obligations, if any, under
Section 16 of the Exchange Act with respect to his holdings of and transactions
in securities issued by the Company. This Power of Attorney shall remain in full
force and effect until the undersigned is no longer required to file Forms 3, 4
and 5 with respect to the undersigned's holdings of and transactions in
securities issued by the Company, unless earlier revoked by the undersigned in a
signed writing delivered to the foregoing attorneys-in-fact.
The undersigned has caused this Power of Attorney to be executed as of January
5, 2023.
By: /s/Russell A. Becker
Name: Russell A. Becker