0001209191-23-045159.txt : 20230809
0001209191-23-045159.hdr.sgml : 20230809
20230809160434
ACCESSION NUMBER: 0001209191-23-045159
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230807
FILED AS OF DATE: 20230809
DATE AS OF CHANGE: 20230809
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: 231155050
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
X0508
4
2023-08-07
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
1
Common Stock
2023-08-07
4
S
0
85351
28.17
D
4853982
I
By IGHA Holdings, LLLP
Common Stock
2023-08-08
4
S
0
81316
28.13
D
4772666
I
by IGHA Holdings, LLLP
Common Stock
11142
D
Common Stock
216920
I
By Ian G.H. Ashken Living Trust
Series A Preferred Stock
Common Stock
768000
768000
I
By Mariposa Acquisition IV, LLC
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.
Represents the weighted average price of the shares sold on August 7, 2023. The prices of the shares sold pursuant to the transactions ranged from $28.05 to $28.37 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.
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.
Represents the weighted average price of the shares sold on August 8, 2023. The prices of the shares sold pursuant to the transactions ranged from $27.79 to $28.46 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.
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.
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).
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.
/s/ Louis B. Lambert, Attorney-in-Fact
2023-08-09