Apollo Global Management (APO) director awarded 1,589 RSUs and updates share holdings
Rhea-AI Filing Summary
O'Neill Mitra reported acquisition or exercise transactions in this Form 4 filing.
Apollo Global Management director Mitra O'Neill reported an equity award and updated share holdings. O'Neill received 1,589 restricted stock units (RSUs) of Apollo Global Management, Inc. common stock under the company’s 2019 Omnibus Equity Incentive Plan, with no cash paid per unit.
Each RSU represents the contingent right to one share of common stock as it vests in installments, so long as O'Neill continues serving on the Board. Under a deferral election, the associated shares will be issued after O'Neill’s service on the Board ends. Following this award, O'Neill directly holds 33,704 common shares, which include 6,573 RSUs granted under the plan, and is also reported as having an indirect holding of 2,500 shares through an entity controlled by the reporting person's spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,589 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. Reported amount includes 6,573 RSUs granted under the Plan.