Filing Details

Accession Number:
0001628280-23-037859
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-11-08 16:15:04
Reporting Period:
2023-11-06
Accepted Time:
2023-11-08 16:15:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1796209 Api Group Corp APG () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1093725 H G Ian Ashken C/O Api Group Corp
1100 Old Highway 8 Nw
New Brighton MN 55112
Yes No 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 Disposition 2023-11-06 166,666 $27.30 4,606,000 No 4 S Indirect by IGHA Holdings, LLLP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect by IGHA Holdings, LLLP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 11,142 Direct
Common Stock 216,920 Indirect By Ian G. H. Ashken Living Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Series A Preferred Stock $0.00 768,000 768,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
768,000 768,000 Indirect
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by IGHA Holdings, LLLP on March 2, 2023.
  2. Represents the weighted average price of the shares sold on November 6, 2023. The prices of the shares sold pursuant to the transactions ranged from $27.06 to $27.57 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares sold at each separate price.
  3. The shares of Common Stock reported herein are held directly by IGHA Holdings, LLLP, the general partner of which is wholly-owned by The Ian G.H. Ashken Living Trust (the "Ashken Trust"), of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
  4. The shares of Common Stock reported herein are held directly by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
  5. The Series A Preferred Stock is convertible at any time at the election of the holder, on a one-for-one basis, into shares of Common Stock for no additional consideration. The Series A Preferred Stock shall automatically convert into Common Stock on the last day of the seventh full financial year of the Issuer following October 1, 2019 (or if such date is not a trading day, the first trading day immediately following such date).
  6. The shares of Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. IGHA Holdings, LLLP, the general partner of which is wholly-owned by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.