SEC Form 4/A · accession 0000950142-15-001172
Apollo Global Management LLC · APO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
BRH Holdings GP, Ltd.
10% Owner
Period of report
May 19, 2015
Accepted (ET)
May 26, 2015 · 6:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001411494
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Apollo Operating Group unitsF1,F2,F5,F3,F4 | — | May 19, 2015 | J | 59,000 | D | — | — | Class A shares | 59,000 | 220,660,976 | I |
Explanation of responses
- F1The reporting person's original Form 4 filed on May 19, 2015 (the "Original Form 4") reported that 82,000 Apollo Operating Group units were distributed by AP Professional Holdings, L.P. ("Holdings") to certain of its limited partners on May 19, 2015 and a corresponding number of Class A shares of Apollo Global Management, LLC (the "Issuer") were issued in exchange for such Apollo Operating Group units. The Original Form 4 incorrectly included 23,000 Apollo Operating Group units that were distributed by Holdings to one of its limited partners on May 21, 2015, and not May 19, 2015, which will be reported in a separate Form 4 by the reporting person. (Cont'd in FN 2)
- F2(Cont'd from FN 1) The 59,000 Apollo Operating Group units reported herein were distributed by Holdings on May 19, 2015 to one of its limited partners. These 59,000 Apollo Operating Group units were then exchanged on May 19, 2015 for Class A shares of the Issuer on a one-for-one basis pursuant to the terms of the Exchange Agreement (as defined in footnote (3) below).
- F3Each Apollo Operating Group unit represents a right to receive one Class A share of the Issuer, subject to the restrictions and provisions set forth in the Third Amended and Restated Exchange Agreement, dated May 7, 2015, by and among the Issuer, Holdings and the other parties thereto (the "Exchange Agreement").
- F4The Apollo Operating Group units do not expire.
- F5The reporting person is the sole general partner of Holdings, which holds, as of May 26, 2015, 220,637,976 Apollo Operating Group units. Holdings and other parties to the Exchange Agreement may exchange the Apollo Operating Group units for Class A shares of the Issuer, subject to the restrictions and provisions set forth in the Exchange Agreement. The reporting person does not have a pecuniary interest in the Apollo Operating Group units and disclaims beneficial ownership of these securities.