Apollo Global (NYSE: APO) director receives 1,589 RSUs award
Rhea-AI Filing Summary
BIBLIOWICZ JESSICA M reported acquisition or exercise transactions in this Form 4 filing.
Apollo Global Management, Inc. director Jessica M. Bibliowicz received a grant of 1,589 restricted stock units (RSUs) of common stock as equity compensation. The RSUs were issued at no cash cost to her and were granted under the company’s 2019 Omnibus Equity Incentive Plan.
Each RSU gives a contingent right to one Apollo common share as it vests, so she will receive actual shares only as vesting conditions are met while she remains on the Board. According to the filing, the associated shares are deferred and will be issued when her service as a director ends, bringing her total direct holdings to 17,635 shares, including 6,129 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,589 | $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 6,129 RSUs granted under the Plan.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
2019 Omnibus Equity Incentive Plan financial
contingent right financial
deferral election financial
Board of Directors financial
FAQ
What did Apollo Global (APO) director Jessica Bibliowicz receive in this Form 4?
What conditions apply to the Apollo Global (APO) RSUs granted to Jessica Bibliowicz?
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