FRANKLIN MARTIN E bought APG

December 31, 2024 · Form 4 insider transaction

FRANKLIN MARTIN E bought 1,353,962 shares of APi Group Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.

Direction
Acquired (buy-side)
Shares
1,353,962
Price
$0.00
Total value
N/A
Role
SecurityCommon Stock
Transaction codeA: Grant or award
Transaction dateDecember 31, 2024
Filing dateJanuary 3, 2025
Shares owned after1,357,695
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year. In addition, as of December 31, 2024, Mr. Franklin became the manager of Brimstone Investments LLC ("Brimstone"), which is wholly-owned by a trust of which Mr. Franklin is a beneficiary, and as such the number of shares of Common Stock reported herein has increased by 1,243 shares held by Brimstone. Mr. Franklin disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.; The shares of Common Stock and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. Mr. Franklin is the manager of Mariposa Acquisition IV, LLC. In such capacity, Mr. Franklin exercises voting and investment power over the shares of Common Stock and Series A Preferred Stock held by Mariposa Acquisition IV, LLC. As a result, Mr. Franklin may be deemed to have beneficial ownership (as determined under Section 13(d) of the Securities Exchange Act of 1934, as amended) of his proportionate interest in the shares of Common Stock and Series A Preferred Stock held by Mariposa Acquisition IV, LLC.; (Continued from footnote 2) MEF Holdings, LLLP, the general partner of which is wholly-owned by the Martin E. Franklin Revocable Trust, of which Mr. Franklin is the sole settlor and trustee, holds a limited liability company interest in Mariposa Acquisition IV, LLC. Mr. Franklin disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

View the original Form 4 on SEC EDGAR