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Filing Details

Accession Number:: 0001181431-14-006807
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-02-13 17:22:42
Reporting Period:: 2014-02-11

Filing Date:: 2014-02-13
Accepted Time:: 2014-02-13 17:22:42
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1411494	Apollo Global Management Llc	APO	Investment Advice (6282)	208880053

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1513820	Marc Spilker	C/O Apollo Global Management, Llc 9 West 57Th Street, 43Rd Floor New York NY 10019	President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Shares	Acquisiton	2014-02-11	208,333	$8.00	3,574,948	No	4	M	Direct
Class A Shares	Disposition	2014-02-11	51,282	$32.50	3,523,666	No	4	F	Direct
Class A Shares	Disposition	2014-02-11	84,545	$32.00	3,439,121	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Shares	Share Option (Right to Buy)	Disposition	2014-02-11	208,333	$0.00	208,333	$8.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,500,001	2011-12-31	2016-12-31	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Shares	26,350	Indirect	By The Marc & Diane Spilker Foundation
Class A Shares	26,350	Indirect	By The Marc A. Spilker 2000 Family Trust

Footnotes

The reporting person exercised a portion of his share options (the "Options") that were granted to the reporting person pursuant to the Apollo Global Management, LLC 2007 Omnibus Equity Incentive Plan (the "Plan") and, in connection with such exercise, the reporting person received one Class A share in exchange for each share option exercised.
Represents the number of Class A shares withheld by the issuer at the time of exercise in connection with the satisfaction of the reporting person's obligations for the payment of the exercise price.
Reported amount includes 1,937,500 restricted share units ("RSUs") granted under the 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 by the Marc and Diane Spilker Foundation, a not-for-profit tax exempt organization for which the reporting person and his spouse are trustees with investment power. The reporting person disclaims beneficial ownership of the Class A shares held in the foundation, except to the extent of his pecuniary interest therein.
These Class A shares are held in The Marc A. Spilker 2000 Family Trust, for the benefit of the reporting person's children, of which one of the reporting person's immediate family members is trustee and has investment power. The reporting person disclaims beneficial ownership of the Class A shares held in the trust, except to the extent of his pecuniary interest therein.
The conversion price set forth above is on a per share basis.
Subject to accelerated vesting in certain circumstances, the share option vested and became exercisable with respect to 833,333 shares on December 31, 2011 and, thereafter, continued to vest and become exercisable with respect to the balance of the grant in equal quarterly installments of 208,333 (or 208,334) Class A shares from March 31, 2012 through December 31, 2016, provided the reporting person remains in service through the applicable vesting date.
Primarily consists of Class A shares sold by the reporting person in order to satisfy the minimum tax withholding obligations arising in connection with the delivery of Class A shares underlying the Options exercised.