SEC Form 4 · accession 0000950142-16-004337
Apollo Global Management LLC · APO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
AP Professional Holdings, L.P.
10% Owner
Period of report
Aug 15, 2016
Accepted (ET)
Aug 15, 2016 · 6:09 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,F3 | — | Aug 15, 2016 | J | 20,000 | D | — | — | Class A shares | 20,000 | 215,795,633 | D |
Explanation of responses
- F1Each Apollo Operating Group unit represents a right to receive one Class A share of Apollo Global Management, LLC (the "Issuer"), subject to the restrictions and provisions set forth in the Fourth Amended and Restated Exchange Agreement, dated May 5, 2016, by and among the Issuer, the reporting person and the other parties thereto (the "Exchange Agreement").
- F2On August 15, 2016, the reporting person distributed 20,000 Apollo Operating Group units to two of its limited partners. These Apollo Operating Group units were exchanged for Class A shares of the Issuer on a one-for-one basis pursuant to the terms and conditions set forth in the Exchange Agreement.
- F3The Apollo Operating Group units do not expire.