Apollo Global (NYSE: APO) director granted 1,574 RSUs in equity award
Rhea-AI Filing Summary
BIBLIOWICZ JESSICA M reported acquisition or exercise transactions in this Form 4 filing.
Apollo Global Management director Jessica M. Bibliowicz received an equity award of 1,574 shares of common stock in the form of restricted stock units (RSUs). The grant was made under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan as part of director compensation.
Each RSU represents the right to receive one share of common stock as it vests, subject to her continued service on the Board of Directors. According to the filing, the associated shares will be issued after her termination of service on the Board, and her reported holdings following this award total 16,046 shares, including 4,540 vested and unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,574 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan"). Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one share of common stock of the Issuer for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement, provided the reporting person remains in service through the applicable vesting date. Pursuant to a deferral election, the associated shares of common stock will be issued upon the reporting person's termination of service as a member of the Board of Directors of the Issuer.
- F2. Reported amount includes 4,540 vested and unvested RSUs granted under the Plan.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
2019 Omnibus Equity Incentive Plan financial
deferral election financial
vesting date financial
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