Filing Details

Accession Number:
0000899243-21-033396
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-18 07:00:47
Reporting Period:
2021-08-16
Accepted Time:
2021-08-18 07:00:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1796209 Api Group Corp APG Construction - Special Trade Contractors (1700) 981510303
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1805568 A. Russell Becker C/o Api Group Corporation
1100 Old Highway Nw 8
New Brighton MN 55112
President And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-08-16 112 $22.20 812 No 4 P Indirect By Son
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Son
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 938,230 Direct
Common Stock 170,000 Indirect By Spouse
Common Stock 700 Indirect By Son
Common Stock 700 Indirect By Son
Common Stock 505,000 Indirect By Trust
Common Stock 605,000 Indirect By Trust
Common Stock 572,993 Indirect By Trust
Common Stock 564 Indirect By 401(k) Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Restricted Stock Units $0.00 326,666 326,666 Direct
Common Stock Restricted Stock Units $0.00 52,356 52,356 Direct
Common Stock Performance Stock Units $0.00 209,425 209,425 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
326,666 326,666 Direct
52,356 52,356 Direct
209,425 209,425 Direct
Footnotes
  1. 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.
  2. 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.
  3. 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.
  4. Shares acquired under the Issuer's Profit Sharing & 401(k) Plan in an exempt transaction pursuant to Rule 16b-3(c).
  5. These shares are held in the Reporting Person's account under the Issuer's Profit Sharing & 401(k) Plan.
  6. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
  7. These restricted stock units vest in equal installments on October 1, 2021 and October 1, 2022.
  8. These restricted stock units vest in equal installments on February 17, 2022, February 17, 2023 and February 17, 2024.
  9. Represents an award of performance stock units (the "2021 PSUs"). The 2021 PSUs will have a performance period beginning January 1, 2021 and ending December 31, 2023 and to the extent earned will vest 100% on December 31, 2023. 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 the results of the performance condition.