APi Group Corporation

03/11/2025 | Press release | Distributed by Public on 03/11/2025 14:19

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
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 (Month/Day/Year)
03/09/2025
(Street)
NEW BRIGHTON, MN 55112 		4. If Amendment, Date Original Filed (Month/Day/Year)
 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 03/09/2025 M 562 A $ 0 (1) 6,370 D
Common Stock 03/09/2025 M 4,655 A $ 0 (2) 11,025 D
Common Stock 03/09/2025 F 2,276(3) D $36.28 8,749 D
Common Stock 686 I By 401(k) Plan(4)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year) 		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 (5) 03/09/2025 M 562 (6) (6) Common Stock 562 $ 0 0 D
Performance Stock Units (7) 03/09/2025 M 4,655 (7) (7) Common Stock 4,655 $ 0 0 D
Performance Stock Units (8) (8) (8) Common Stock 6,405 6,405 D
Restricted Stock Units (5) (9) (9) Common Stock 1,423 1,423 D
Performance Stock Units (10) (10) (10) Common Stock 4,192 4,192 D
Restricted Stock Units (5) (11) (11) Common Stock 1,863 1,863 D
Restricted Stock Units (5) (12) (12) Common Stock 13,235 13,235 D
Performance Stock Units (13) (13) (13) Common Stock 3,826 3,826 D
Restricted Stock Units (5) (14) (14) Common Stock 2,551 2,551 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, MN 55112 		Interim CFO

Signatures

/s/ Louis B. Lambert, Attorney-in-Fact 03/11/2025
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On March 9, 2025, 562 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
(2) On March 9, 2025, 4,655 of the Reporting Person's performance stock units were settled for an equal number of shares of the Issuer's Common Stock.
(3) Shares withheld for tax liability.
(4) These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
(5) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
(6) These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.
(7) 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.
(8) 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. 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.
(9) These restricted stock units vest in equal installments on February 27, 2024, February 27, 2025, and February 27, 2026.
(10) 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. 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.
(11) These restricted stock units vest in equal installments on March 1, 2025, March 1, 2026, and March 1, 2027.
(12) These restricted stock units vest in three equal installments on December 1, 2025, December 1, 2026 and December 1, 2027.
(13) Represents an award of performance stock units (the "2025 PSUs"). The 2025 PSUs will have a performance period beginning January 1, 2025 and ending December 31, 2027. 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 Reporting Person is voluntarily reporting the 2025 PSUs, which are not a derivative security.
(14) These restricted stock units vest in equal installments on March 1, 2026, March 1, 2027, and March 1, 2028.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.