SEC Form 4 · accession 0000950142-17-000488
Apollo Global Management LLC · APO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua Harris
Officer — Senior Managing Director · Director · 10% Owner
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001411494
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A sharesF1,F2 | Mar 1, 2017 | M | 500,000 | — | A | 500,000 | I | See footnote |
| Class A sharesF2 | Mar 1, 2017 | G | 500,000 | $0.00 | D | 0 | I | See footnote |
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 unitsF4,F2,F1,F3 | — | Mar 1, 2017 | M | 500,000 | D | — | — | Class A shares | 500,000 | 0 | I |
| Apollo Operating Group unitsF5,F1,F3 | — | holding | — | — | — | — | — | Class A shares | — | 53,432,643 | I |
Explanation of responses
- F1Each Apollo Operating Group ("AOG") 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 Agreement Among Principals, dated July 13, 2007, by and among the reporting person, Leon Black and Marc Rowan (the "Agreement Among Principals"), and the Fourth Amended and Restated Exchange Agreement, dated May 5, 2016, by and among the Issuer, AP Professional Holdings, L.P. and the other parties thereto (the "Exchange Agreement").
- F2By MJH Partners, L.P., an estate planning vehicle for which voting and investment control are exercised by the reporting person.
- F3The AOG units were fully vested as of December 31, 2011 and do not expire.
- F4Pursuant to Instruction 4(c)(iii), this response has been left blank.
- F5By AP Professional Holdings, L.P. The reporting person is an indirect limited partner in BRH Holdings, L.P., which holds approximately 89% of the limited partnership interests in AP Professional Holdings, L.P., the direct holder of the AOG units. The AOG units indirectly held by the reporting person are the number of AOG units that he has a right to receive as an indirect limited partner in BRH Holdings, L.P., subject to the restrictions and provisions set forth in the Agreement Among Principals and the Exchange Agreement.