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Filing Details

Accession Number:: 0000905148-24-000079
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-01-04 16:11:40
Reporting Period:: 2024-01-02

Accepted Time:: 2024-01-04 16:11:40
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1796209	Api Group Corp	APG	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1103804	Viking Global Investors Lp	600 Washington Blvd. Floor 11 Stamford CT 06901	No	No	No	No
1132625	Viking Global Performance Llc	600 Washington Blvd. Floor 11 Stamford CT 06901	No	No	No	No
1133006	Andreas Ole Halvorsen	600 Washington Blvd. Floor 11 Stamford CT 06901	No	No	No	No
1413378	Viking Global Equities Ii Lp	600 Washington Blvd. Floor 11 Stamford CT 06901	No	No	No	No
1621842	C. David Ott	600 Washington Blvd. Floor 11 Stamford CT 06901	No	No	No	No
1711393	Sharon Rose Shabet	600 Washington Blvd. Floor 11 Stamford CT 06901	No	No	No	No
1759530	Ltd. Master Equities Global Viking	600 Washington Blvd. Floor 11 Stamford CT 06901	No	No	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	Explanation
Common Stock	Disposition	2024-01-02	6,300,817	$31.30	27,032,516	No	4	S	Indirect	See Explanation of Responses
Common Stock	Disposition	2024-01-02	195,200	$31.30	837,472	No	4	S	Indirect	See Explanation of Responses
Common Stock	Disposition	2024-01-02	3,983	$31.30	17,088	No	4	S	Indirect	See Explanation of Responses

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Explanation of Responses
No	4	S	Indirect	See Explanation of Responses
No	4	S	Indirect	See Explanation of Responses

Footnotes

O. Andreas Halvorsen, David C. Ott and Rose S. Shabet are Executive Committee members of Viking Global Partners LLC ("Global Partners"), Viking Global Performance LLC ("VGP") and Viking Global Opportunities Parent GP LLC ("Parent"). Global Partners is the general partner of Viking Global Investors LP ("VGI"). Parent is the sole member of Viking Global Opportunities GP LLC ("Opportunities GP"), which is the sole member of Viking Global Opportunities Portfolio GP LLC ("Opportunities Portfolio GP"). VGI provides managerial services to various investment funds, including Viking Global Opportunities Illiquid Investments Sub-Master LP ("Opportunities Fund"), Viking Global Equities Master Ltd. ("VGEM") and Viking Global Equities II LP ("VGEII").
VGP, VGI, Parent, Opportunities GP, Opportunities Portfolio GP, Opportunities Fund, VGEM, VGEII, Mr. Halvorsen, Mr. Ott and Ms. Shabet are, collectively, the "Reporting Persons". Because of the relationship between VGI and each of VGEM, VGEII and Opportunities Fund, VGI may be deemed to beneficially own the shares held directly by VGEM, VGEII and Opportunities Fund. Each of VGI, Mr. Halvorsen, Mr. Ott and Ms. Shabet may be deemed to beneficially own all of the securities reported on this form.
These shares are held directly by Opportunities Fund. Opportunities Portfolio GP is the general partner of Opportunities Fund. Opportunities GP is the sole member of Opportunities Portfolio GP. Parent is the sole member of Opportunities GP. Because of the relationship between each of Opportunities Portfolio GP, Opportunities GP, Parent and Opportunities Fund, each of Opportunities Portfolio GP, Opportunities GP and Parent may be deemed to beneficially own the shares held directly by Opportunities Fund.
These shares are held directly by VGEM. VGP provides managerial services to VGEM. Because of the relationship between VGP and VGEM, VGP may be deemed to beneficially own the shares held directly by VGEM.
These shares are held directly by VGEII. VGP is the general partner of VGEII. Because of the relationship between VGP and VGEII, VGP may be deemed to beneficially own the shares held directly by VGEII.
The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.
Between March 31, 2022 and January 2, 2024, VGEM received 1,032,672 shares of Common Stock as payment-in-kind dividend on 196,000 shares of 5.5% Series B Perpetual Convertible Preferred Stock of the Issuer held directly by VGEM.
Between March 31, 2022 and January 2, 2024, VGEII received 21,071 shares of Common Stock as payment-in-kind dividend on 4,000 shares of 5.5% Series B Perpetual Convertible Preferred Stock of the Issuer held directly by VGEII.