Filing Details

Accession Number:
0001209191-23-042428
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-07-17 16:31:29
Reporting Period:
2023-07-13
Accepted Time:
2023-07-17 16:31:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1858681 Apollo Global Management Inc. APO () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1382483 C James Zelter C/O Apollo Global Management, Inc.
9 West 57Th Street, 42Nd Floor
New York NY 10019
Co-President (See Remarks) 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 Disposition 2023-07-13 37,845 $79.00 5,678,785 No 4 S Direct
Common Stock Disposition 2023-07-13 22,934 $79.59 6,165,392 No 4 S Direct
Common Stock Disposition 2023-07-13 31,317 $0.00 0 No 4 G Indirect The James C. Zelter 2021 GRAT No. 1
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 G Indirect The James C. Zelter 2021 GRAT No. 1
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 665,301 Indirect The James C. Zelter 2022 GRAT No. 1
Common Stock 1,200,000 Indirect Zelter APO Series LLC
Footnotes
  1. The sales by the reporting person reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on February 15, 2023.
  2. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.51 to $79.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  3. Reported amount includes 4,982,325 vested and unvested restricted stock units ("RSUs") granted under the the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan. Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one share of common stock of the Issuer for each vested RSU. 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.
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.51 to $79.67, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  5. On July 13, 2023, the James C. Zelter 2021 GRAT No. 1 (the "GRAT"), a vehicle over which the reporting person exercised voting and investment control, terminated. Upon termination of the GRAT, 31,317 of the shares were distributed to a remainderman trust, for which there is an independent trustee. The remaining 509,541 shares held by such GRAT were distributed to the reporting person as sole annuitant, such distribution being exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-13 thereunder, and continue to be reported in this Form 4 as directly owned.
  6. By The James C. Zelter 2022 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.
  7. By Zelter APO Series LLC, a vehicle over which the reporting person exercises voting and investment control.