0001209191-23-038577.txt : 20230620
0001209191-23-038577.hdr.sgml : 20230620
20230620181026
ACCESSION NUMBER: 0001209191-23-038577
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230615
FILED AS OF DATE: 20230620
DATE AS OF CHANGE: 20230620
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ASHKEN IAN G H
CENTRAL INDEX KEY: 0001093725
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39275
FILM NUMBER: 231026761
MAIL ADDRESS:
STREET 1: C/O MARIPOSA CAPITAL, LLC
STREET 2: 5200 BLUE LAGOON DRIVE, SUITE 855
CITY: MIAMI
STATE: FL
ZIP: 33126
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: APi Group Corp
CENTRAL INDEX KEY: 0001796209
STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700]
IRS NUMBER: 981510303
STATE OF INCORPORATION: D8
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O API GROUP, INC.
STREET 2: 1100 OLD HIGHWAY 8 NW
CITY: NEW BRIGHTON
STATE: MN
ZIP: 55112
BUSINESS PHONE: 651-636-4320
MAIL ADDRESS:
STREET 1: C/O API GROUP, INC.
STREET 2: 1100 OLD HIGHWAY 8 NW
CITY: NEW BRIGHTON
STATE: MN
ZIP: 55112
4
1
doc4.xml
FORM 4 SUBMISSION
X0407
4
2023-06-15
0
0001796209
APi Group Corp
APG
0001093725
ASHKEN IAN G H
C/O API GROUP CORPORATION
1100 OLD HIGHWAY 8 NW
NEW BRIGHTON
MN
55112
1
0
0
0
0
Common Stock
2023-06-15
4
M
0
6266
A
11142
D
Common Stock
4939333
I
By IGHA Holdings, LLLP
Common Stock
216920
I
By Ian G.H. Ashken Living Trust
Restricted Stock Units
2023-06-15
4
M
0
6266
0.00
D
Common Stock
6266
0
D
Restricted Stock Units
2023-06-15
4
A
0
3948
0.00
A
Common Stock
3948
3948
D
Series A Preferred Stock
Common Stock
768000
768000
I
By Mariposa Acquisition IV, LLC
On June 15, 2023, 6,266 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.
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.
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.
Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
These restricted stock units vest on the earlier of (i) June 15, 2023, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2023 annual meeting of stockholders.
These restricted stock units vest on June 15, 2024, which is the one-year anniversary of the grant date, subject to the Reporting Person's continuous service with the Issuer as of the vesting date.
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).
/s/ Louis B. Lambert, Attorney-in-Fact
2023-06-20