- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2015-02-13 17:49:44
- Reporting Period:
- Filing Date:
- Accepted Time:
- 2015-02-13 17:49:44
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|1411494||Apollo Global Management Llc||APO||Investment Advice (6282)||208880053|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1312913||B A Krongard||C/o Apollo Global Management, Llc |
9 West 57Th Street, 43Rd Floor
New York NY 10019
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Class A Shares||Disposition||2015-02-11||182,500||$23.80||20,043||No||4||S||Direct|
|Class A Shares||Acquisiton||2015-02-11||182,500||$23.80||250,000||No||4||P||Indirect||Alvin B. Krongard Family Trust|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|No||4||P||Indirect||Alvin B. Krongard Family Trust|
- Represents a sale of 182,500 Class A shares by the reporting person to the 2012 Alvin B. Krongard Family Trust (the "Trust") for the benefit of the reporting person's children for which the reporting person's children are the trustees. See footnote 4.
- The trust paid for the 182,500 Class A shares with a promissory note in a principal amount equal to $4,342,587.50 and bearing interest at 1.7% per annum, payable quarterly. The principal amount of the note is payable on February 11, 2024.
- Reported amount includes 3,620 restricted share units ("RSUs") granted under the Apollo Global Management, LLC 2007 Omnibus Equity Incentive Plan. Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one Class A share for each vested RSU. Subject to accelerated vesting in certain circumstances, the RSUs vest in installments in accordance with the terms of the applicable RSU award agreement, provided the reporting person remains in service through the applicable vesting date.
- These Class A shares are held in the Trust for the benefit of the reporting person's children for which the reporting person's children are the trustees. The reporting person disclaims beneficial ownership of the Class A shares held in the Trust, except to the extent of his pecuniary interest therein.