Gary D. Cohn granted 3,345 RSUs at Apollo (NYSE: APO) as Board compensation
Rhea-AI Filing Summary
COHN GARY D reported acquisition or exercise transactions in this Form 4 filing.
Apollo Global Management director Gary D. Cohn received an equity award of 3,345 restricted stock units (RSUs). These RSUs were granted at no cash cost under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan as compensation, not as an open-market share purchase.
Each RSU represents the right to receive one share of Apollo common stock as it vests over time, subject to Mr. Cohn remaining on the Board through the applicable vesting dates. Due to a deferral election, the underlying shares will be delivered only when his Board service ends. After this grant, Mr. Cohn holds a total of 5,153 vested and unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,345 | $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 5,153 vested and unvested RSUs granted under the Plan.
Key Figures
Key Terms
restricted stock units financial
2019 Omnibus Equity Incentive Plan financial
vesting financial
deferral election financial
termination of service financial
AI-generated analysis. How Rhea-AI works. Not financial advice.