Filing Details

Accession Number:
0001628280-24-045739
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-11-06 16:22:41
Reporting Period:
2024-11-04
Accepted Time:
2024-11-06 16:22:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1796209 Api Group Corp APG () 1231
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
940603 E Martin Franklin C/O Api Group Corporation
1100 Old Highway Nw 8
New Brighton MN 55112
Yes No Yes 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 2024-11-04 460,322 $35.61 13,646,580 No 4 S Indirect By MEF Holdings, LLLP
Common Stock Disposition 2024-11-05 199,678 $35.14 13,446,902 No 4 S Indirect By MEF Holdings, LLLP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By MEF Holdings, LLLP
No 4 S Indirect By MEF Holdings, LLLP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,733 Indirect By Mariposa Acquisition IV, LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Series A Preferred Stock $0.00 1,728,400 1,728,400 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
1,728,400 1,728,400 Indirect
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by MEF Holdings LLLP on March 8, 2024.
  2. Represents the weighted average price of the shares sold on November 4, 2024. The prices of the shares sold pursuant to the transactions ranged from $35.33 to $35.92 per share. MEF Holdings LLLP, 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.
  3. The shares of Common Stock reported herein are held directly by MEF Holdings, LLLP, the general partner of which is wholly-owned by the Martin E. Franklin Revocable Trust, of which Mr. Franklin is the sole settlor and trustee. Mr. Franklin disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
  4. Represents the weighted average price of the shares sold on November 5, 2024. The prices of the shares sold pursuant to the transactions ranged from $35.08 to $35.29 per share. MEF Holdings LLLP, 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.
  5. The shares of Common Stock and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. Mr. Franklin is the manager of Mariposa Acquisition IV, LLC. In such capacity, Mr. Franklin exercises voting and investment power over the shares of Common Stock and Series A Preferred Stock held by Mariposa Acquisition IV, LLC. As a result, Mr. Franklin may be deemed to have beneficial ownership (as determined under Section 13(d) of the Securities Exchange Act of 1934, as amended) of his proportionate interest in the shares of Common Stock and Series A Preferred Stock held by Mariposa Acquisition IV, LLC.
  6. (Continued from Footnote 5) MEF Holdings, LLLP, the general partner of which is wholly-owned by the Martin E. Franklin Revocable Trust, of which Mr. Franklin is the sole settlor and trustee, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 3,733 shares of Common Stock and 1,728,400 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Franklin disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.
  7. 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).