APG

SEC source: 0000899243-22-010735 · doc4.xml · derivative · entry 5

FIKE ANDREA · CIK 0001205416 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,767

Underlying: Common Stock · 4,767 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F5 · derivative.exercise_date: These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.

F5 · derivative.expiration_date: These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.

SEC source: 0000899243-22-010734 · doc4.xml · derivative · entry 1

MORTON KRISTINA M · CIK 0001910212 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 77,035

Underlying: Common Stock · 77,035 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F2 · derivative.exercise_date: These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.

F2 · derivative.expiration_date: These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.

SEC source: 0000899243-22-010731 · doc4.xml · derivative · entry 4

Krumm Kevin · CIK 0001882340 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,868

Underlying: Common Stock · 49,868 shares

Expires not disclosed

F5 · derivative.exercise_price: Represents an award of performance stock units (the "2022-2 PSUs"). The 2022-2 PSUs will vest upon the Issuer's Common Stock achieving a specified price per share over a specified period by March 9, 2027 and to the extent earned will vest 100% on the later of the date that such performance condition is satisfied and March 9, 2025, the third anniversary of the grant date.

F5 · derivative.exercise_date: Represents an award of performance stock units (the "2022-2 PSUs"). The 2022-2 PSUs will vest upon the Issuer's Common Stock achieving a specified price per share over a specified period by March 9, 2027 and to the extent earned will vest 100% on the later of the date that such performance condition is satisfied and March 9, 2025, the third anniversary of the grant date.

F5 · derivative.expiration_date: Represents an award of performance stock units (the "2022-2 PSUs"). The 2022-2 PSUs will vest upon the Issuer's Common Stock achieving a specified price per share over a specified period by March 9, 2027 and to the extent earned will vest 100% on the later of the date that such performance condition is satisfied and March 9, 2025, the third anniversary of the grant date.

SEC source: 0000899243-22-010731 · doc4.xml · derivative · entry 3

Krumm Kevin · CIK 0001882340 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,110

Underlying: Common Stock · 36,110 shares

Expires not disclosed

F4 · derivative.exercise_price: Represents an award of performance stock units (the "2022-1 PSUs"). The 2022-1 PSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 and to the extent earned will vest 100% on December 31, 2024. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition.

F4 · derivative.exercise_date: Represents an award of performance stock units (the "2022-1 PSUs"). The 2022-1 PSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 and to the extent earned will vest 100% on December 31, 2024. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition.

F4 · derivative.expiration_date: Represents an award of performance stock units (the "2022-1 PSUs"). The 2022-1 PSUs will have a performance period beginning January 1, 2022 and ending December 31, 2024 and to the extent earned will vest 100% on December 31, 2024. The number of shares of the Issuer's Common Stock that will be earned at the end of the performance period is subject to increase or decrease based on results of the performance condition.

SEC source: 0000899243-22-010731 · doc4.xml · derivative · entry 2

Krumm Kevin · CIK 0001882340 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,055

Underlying: Common Stock · 18,055 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F3 · derivative.exercise_date: These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.

F3 · derivative.expiration_date: These restricted stock units vest in equal installments on March 9, 2023, March 9, 2024 and March 9, 2025.

SEC source: 0000899243-22-007118 · doc4.xml · nonDerivative · entry 1

Grunau Paul W. · CIK 0001805389 · CHIEF LEARNING OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 560,432

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On February 17, 2022, 1,187 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

F2 · balance_after: Includes 562 shares acquired pursuant to the APi Group Corporation 2020 Employee Stock Purchase Plan.

SEC source: 0000899243-22-007119 · doc4.xml · derivative · entry 12

Becker Russell A. · CIK 0001805568 · Director · PRESIDENT AND CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,904

Underlying: Common Stock · 17,452 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F7 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F1 · price: On February 17, 2022, 17,452 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

F9 · derivative.exercise_date: These restricted stock units vest in equal installments on February 17, 2022, February 17, 2023 and February 17, 2024.

F9 · derivative.expiration_date: These restricted stock units vest in equal installments on February 17, 2022, February 17, 2023 and February 17, 2024.

SEC source: 0000899243-22-007119 · doc4.xml · nonDerivative · entry 2

Becker Russell A. · CIK 0001805568 · Director · PRESIDENT AND CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,018,916

F2 · shares: Shares withheld for tax liability.

SEC source: 0000899243-22-007119 · doc4.xml · nonDerivative · entry 1

Becker Russell A. · CIK 0001805568 · Director · PRESIDENT AND CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,024,601

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On February 17, 2022, 17,452 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

SEC source: 0000899243-22-007116 · doc4.xml · nonDerivative · entry 2

CEBULLA ANDREW J. · CIK 0001801761 · Controller & CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 644

F2 · shares: Shares withheld for tax liability.

SEC source: 0000899243-22-007116 · doc4.xml · nonDerivative · entry 1

CEBULLA ANDREW J. · CIK 0001801761 · Controller & CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,005

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On February 17, 2022, 1,005 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

SEC source: 0000899243-22-007117 · doc4.xml · nonDerivative · entry 1

FIKE ANDREA · CIK 0001205416 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,155

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On February 17, 2022, 1,257 of the Reporting Person's restricted stock units vested.

F2 · balance_after: Includes 138 shares acquired on December 31, 2021 pursuant to the APi Group Corporation 2020 Employee Stock Purchase Plan.

SEC source: 0000899243-22-000677 · doc4.xml · nonDerivative · entry 3

FRANKLIN MARTIN E · CIK 0000940603 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By MEF Holdings, LLLP

Disclosed balance after: 12,342,559

F4 · kind: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F4 · shares: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F4 · price: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F5 · ownership.nature: The shares of Common Stock reported herein are held directly by MEF Holdings, LLLP, the general partner of which is wholly-owned by the Martin E. Franklin Revocable Trust, of which Mr. Franklin is the sole settlor and trustee. Mr. Franklin disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-000677 · doc4.xml · nonDerivative · entry 2

FRANKLIN MARTIN E · CIK 0000940603 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Mariposa Acquisition IV, LLC

Disclosed balance after: 0

F4 · kind: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F4 · shares: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F4 · price: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F2 · ownership.nature: The shares of Common Stock (prior to the distribution described in footnote 3) and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. Mr. Franklin is the manager of Mariposa Acquisition IV, LLC. In such capacity, Mr. Franklin exercises voting and investment power over the shares of Common Stock (prior to the distribution described in footnote 3) and Series A Preferred Stock held by Mariposa Acquisition IV, LLC. As a result, Mr. Franklin may be deemed to have beneficial ownership (as determined under Section 13(d) of the Securities Exchange Act of 1934, as amended) of his proportionate interest in the shares of Common Stock and Series A Preferred Stock held by Mariposa Acquisition IV, LLC.

F3 · ownership.nature: (Continued from Footnote 2) MEF Holdings, LLLP, the general partner of which is wholly-owned by the Martin E. Franklin Revocable Trust, of which Mr. Franklin is the sole settlor and trustee, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 12,342,559 shares of Common Stock and 1,728,400 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Franklin disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-000671 · doc4.xml · nonDerivative · entry 6

ASHKEN IAN G H · CIK 0001093725 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Ian G. H. Ashken Living Trust

Disclosed balance after: 216,920

F9 · kind: Mr. Ashken gifted these shares of Common Stock to a non-profit family foundation in an exempt transaction pursuant to Rule 16b-5 of the Exchange Act.

F8 · ownership.nature: The shares of Common Stock reported herein are held directly by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-000671 · doc4.xml · nonDerivative · entry 5

ASHKEN IAN G H · CIK 0001093725 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Ian G. H. Ashken Living Trust

Disclosed balance after: 604,541

F6 · kind: In connection with an estate planning transaction, the IGHA Holdings Trust, of which Mr. Ashken is the grantor, settled certain amounts owed to Mr. Ashken using shares of the Issuer's Common Stock.

F6 · shares: In connection with an estate planning transaction, the IGHA Holdings Trust, of which Mr. Ashken is the grantor, settled certain amounts owed to Mr. Ashken using shares of the Issuer's Common Stock.

F6 · price: In connection with an estate planning transaction, the IGHA Holdings Trust, of which Mr. Ashken is the grantor, settled certain amounts owed to Mr. Ashken using shares of the Issuer's Common Stock.

F7 · balance_after: Includes 6,920 shares of Common Stock previously held directly by Mr. Ashken which were contributed to the Ashken Trust.

F8 · ownership.nature: The shares of Common Stock reported herein are held directly by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-000671 · doc4.xml · nonDerivative · entry 4

ASHKEN IAN G H · CIK 0001093725 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By IGHA Holdings, LLLP

Disclosed balance after: 5,106,000

F5 · kind: Represents a distribution by IGHA Holdings, LLLP to the IGHA Holdings Trust, its member, for no consideration.

F5 · shares: Represents a distribution by IGHA Holdings, LLLP to the IGHA Holdings Trust, its member, for no consideration.

F5 · price: Represents a distribution by IGHA Holdings, LLLP to the IGHA Holdings Trust, its member, for no consideration.

F4 · ownership.nature: The shares of Common Stock reported herein are held directly by IGHA Holdings, LLLP, the general partner of which is wholly-owned by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-000671 · doc4.xml · nonDerivative · entry 3

ASHKEN IAN G H · CIK 0001093725 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By IGHA Holdings, LLLP

Disclosed balance after: 5,693,621

F3 · kind: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F3 · shares: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F3 · price: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F4 · ownership.nature: The shares of Common Stock reported herein are held directly by IGHA Holdings, LLLP, the general partner of which is wholly-owned by the Ashken Trust, of which Mr. Ashken is the trustee and beneficiary. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-000671 · doc4.xml · nonDerivative · entry 2

ASHKEN IAN G H · CIK 0001093725 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Mariposa Acquisition IV, LLC

Disclosed balance after: 0

F3 · kind: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F3 · shares: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F3 · price: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F2 · ownership.nature: The shares of Common Stock (prior to the distribution described in footnote 3) and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. IGHA Holdings, LLLP, the general partner of which is wholly-owned by The Ian G.H. Ashken Living Trust (the "Ashken Trust"), of which Mr. Ashken is the trustee and beneficiary, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 5,693,621 shares of Common Stock and 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-000676 · doc4.xml · nonDerivative · entry 5

LILLIE JAMES E · CIK 0001164470 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,129,663

F6 · kind: In connection with an estate planning transaction, the Lillie 2015 Dynasty Trust, of which Mr. Lillie is the grantor, settled certain amounts owed to Mr. Lillie using shares of the Issuer's Common Stock.

F6 · shares: In connection with an estate planning transaction, the Lillie 2015 Dynasty Trust, of which Mr. Lillie is the grantor, settled certain amounts owed to Mr. Lillie using shares of the Issuer's Common Stock.

F6 · price: In connection with an estate planning transaction, the Lillie 2015 Dynasty Trust, of which Mr. Lillie is the grantor, settled certain amounts owed to Mr. Lillie using shares of the Issuer's Common Stock.

SEC source: 0000899243-22-000676 · doc4.xml · nonDerivative · entry 4

LILLIE JAMES E · CIK 0001164470 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By JTOO LLC

Disclosed balance after: 4,563,958

F5 · kind: Represents a distribution by JTOO LLC to the Lillie 2015 Dynasty Trust, its member, for no consideration.

F5 · shares: Represents a distribution by JTOO LLC to the Lillie 2015 Dynasty Trust, its member, for no consideration.

F5 · price: Represents a distribution by JTOO LLC to the Lillie 2015 Dynasty Trust, its member, for no consideration.

F4 · ownership.nature: The shares of Common Stock reported herein are held directly by JTOO LLC, of which Mr. Lillie is the manager. Mr. Lillie disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-000676 · doc4.xml · nonDerivative · entry 3

LILLIE JAMES E · CIK 0001164470 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By JTOO LLC

Disclosed balance after: 4,568,621

F3 · kind: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F3 · shares: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F3 · price: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F4 · ownership.nature: The shares of Common Stock reported herein are held directly by JTOO LLC, of which Mr. Lillie is the manager. Mr. Lillie disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-000676 · doc4.xml · nonDerivative · entry 2

LILLIE JAMES E · CIK 0001164470 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Mariposa Acquisition IV, LLC

Disclosed balance after: 0

F3 · kind: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F3 · shares: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F3 · price: Represents a pro rata distribution from Mariposa Acquisition IV, LLC to its members.

F2 · ownership.nature: The shares of Common Stock (prior to the distribution described in footnote 3) and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. JTOO LLC, of which Mr. Lillie is the manager, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 4,568,621 shares of Common Stock and 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Lillie disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0001387131-22-000095 · api010322.xml · derivative · entry 2

VIKING GLOBAL INVESTORS LP · CIK 0001103804 · 10% owner

VIKING GLOBAL PERFORMANCE LLC · CIK 0001132625 · 10% owner

Viking Global Equities II LP · CIK 0001413378 · 10% owner

Viking Global Equities Master Ltd. · CIK 0001759530 · 10% owner

HALVORSEN OLE ANDREAS · CIK 0001133006 · 10% owner

Ott David C. · CIK 0001621842 · 10% owner

Shabet Rose Sharon · CIK 0001711393 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by Viking Global Equities II LP

Disclosed balance after: 4,000

Underlying: Common Stock · 162,602 shares

Expires not disclosed

F1 · derivative.exercise_date: The 5.5% Series B Perpetual Convertible Preferred Stock ("Series B Preferred Stock") has no expiration date and is convertible at any time at the option of the holder, or the Issuer may, at its option, effect conversion of all, but not less than all, of the outstanding shares of Series B Preferred Stock to Issuer common stock, par value $0.0001 per share ("Common Stock"), but only if the volume-weighted average price of the Common Stock (determined as provided in the Series B Certificate of Designation) for 15 consecutive trading days exceeds 150% of the conversion price equal to $24.60 per share (subject to certain customary adjustments in the event of certain events affecting the price of the common stock).

F1 · derivative.expiration_date: The 5.5% Series B Perpetual Convertible Preferred Stock ("Series B Preferred Stock") has no expiration date and is convertible at any time at the option of the holder, or the Issuer may, at its option, effect conversion of all, but not less than all, of the outstanding shares of Series B Preferred Stock to Issuer common stock, par value $0.0001 per share ("Common Stock"), but only if the volume-weighted average price of the Common Stock (determined as provided in the Series B Certificate of Designation) for 15 consecutive trading days exceeds 150% of the conversion price equal to $24.60 per share (subject to certain customary adjustments in the event of certain events affecting the price of the common stock).

F2 · derivative.underlying_shares: Each share of Series B Preferred Stock will be convertible at the option of the holder into a whole number of shares of Common Stock, determined by dividing the sum of $1,000 per share of Series B Preferred Stock and any accrued and unpaid quarterly dividends thereon on the conversion date by the then-applicable conversion price except that such conversion is not permitted if a "Fundamental Change" repurchase notice has been delivered with respect to such share or shares (subject to certain exceptions), such share or shares have been called for redemption (subject to certain exceptions), such share or shares are subject to a mandatory conversion and such notice and surrender is submitted after the close of business on the business day immediately prior to the mandatory conversion date or the Company does not have sufficient authorized and unissued and unreserved shares of common stock to effect such conversion.

F3 · ownership.nature: O. Andreas Halvorsen, David C. Ott and Rose S. Shabet are Executive Committee members of Viking Global Partners LLC ("Global Partners") and Viking Global Performance LLC ("VGP"). Global Partners is the general partner of Viking Global Investors LP ("VGI"). VGI provides managerial services to Viking Global Equities Master Ltd. ("VGEM") and Viking Global Equities II LP ("VGEII"). In addition, VGP is the general partner to VGEII and investment manager to VGEM. Each of Global Partners, VGP, VGI, VGEM, VGEII, Mr. Halvorsen, Mr. Ott and Ms. Shabet (collectively the "Reporting Persons") may be deemed to beneficially own the securities reported on this form.

F4 · ownership.nature: VGI provides managerial services to VGEM, which directly holds 196,000 shares of Series B Preferred Stock, and VGEII which directly holds 4,000 shares of Series B Preferred Stock. Because of the relationship between VGI, VGEM and VGEII, VGI may be deemed to beneficially own the shares of Series B Preferred Stock held directly by VGEM and VGEII.

F5 · ownership.nature: The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

SEC source: 0001387131-22-000095 · api010322.xml · derivative · entry 1

VIKING GLOBAL INVESTORS LP · CIK 0001103804 · 10% owner

VIKING GLOBAL PERFORMANCE LLC · CIK 0001132625 · 10% owner

Viking Global Equities II LP · CIK 0001413378 · 10% owner

Viking Global Equities Master Ltd. · CIK 0001759530 · 10% owner

HALVORSEN OLE ANDREAS · CIK 0001133006 · 10% owner

Ott David C. · CIK 0001621842 · 10% owner

Shabet Rose Sharon · CIK 0001711393 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · Held by Viking Global Equities Master Ltd.

Disclosed balance after: 196,000

Underlying: Common Stock · 7,967,479 shares

Expires not disclosed

F1 · derivative.exercise_date: The 5.5% Series B Perpetual Convertible Preferred Stock ("Series B Preferred Stock") has no expiration date and is convertible at any time at the option of the holder, or the Issuer may, at its option, effect conversion of all, but not less than all, of the outstanding shares of Series B Preferred Stock to Issuer common stock, par value $0.0001 per share ("Common Stock"), but only if the volume-weighted average price of the Common Stock (determined as provided in the Series B Certificate of Designation) for 15 consecutive trading days exceeds 150% of the conversion price equal to $24.60 per share (subject to certain customary adjustments in the event of certain events affecting the price of the common stock).

F1 · derivative.expiration_date: The 5.5% Series B Perpetual Convertible Preferred Stock ("Series B Preferred Stock") has no expiration date and is convertible at any time at the option of the holder, or the Issuer may, at its option, effect conversion of all, but not less than all, of the outstanding shares of Series B Preferred Stock to Issuer common stock, par value $0.0001 per share ("Common Stock"), but only if the volume-weighted average price of the Common Stock (determined as provided in the Series B Certificate of Designation) for 15 consecutive trading days exceeds 150% of the conversion price equal to $24.60 per share (subject to certain customary adjustments in the event of certain events affecting the price of the common stock).

F2 · derivative.underlying_shares: Each share of Series B Preferred Stock will be convertible at the option of the holder into a whole number of shares of Common Stock, determined by dividing the sum of $1,000 per share of Series B Preferred Stock and any accrued and unpaid quarterly dividends thereon on the conversion date by the then-applicable conversion price except that such conversion is not permitted if a "Fundamental Change" repurchase notice has been delivered with respect to such share or shares (subject to certain exceptions), such share or shares have been called for redemption (subject to certain exceptions), such share or shares are subject to a mandatory conversion and such notice and surrender is submitted after the close of business on the business day immediately prior to the mandatory conversion date or the Company does not have sufficient authorized and unissued and unreserved shares of common stock to effect such conversion.

F3 · ownership.nature: O. Andreas Halvorsen, David C. Ott and Rose S. Shabet are Executive Committee members of Viking Global Partners LLC ("Global Partners") and Viking Global Performance LLC ("VGP"). Global Partners is the general partner of Viking Global Investors LP ("VGI"). VGI provides managerial services to Viking Global Equities Master Ltd. ("VGEM") and Viking Global Equities II LP ("VGEII"). In addition, VGP is the general partner to VGEII and investment manager to VGEM. Each of Global Partners, VGP, VGI, VGEM, VGEII, Mr. Halvorsen, Mr. Ott and Ms. Shabet (collectively the "Reporting Persons") may be deemed to beneficially own the securities reported on this form.

F4 · ownership.nature: VGI provides managerial services to VGEM, which directly holds 196,000 shares of Series B Preferred Stock, and VGEII which directly holds 4,000 shares of Series B Preferred Stock. Because of the relationship between VGI, VGEM and VGEII, VGI may be deemed to beneficially own the shares of Series B Preferred Stock held directly by VGEM and VGEII.

F5 · ownership.nature: The Reporting Persons disclaim beneficial ownership of these securities except to the extent of their pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

SEC source: 0000899243-22-000678 · doc4.xml · derivative · entry 2

FIKE ANDREA · CIK 0001205416 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,130

Underlying: Common Stock · 8,130 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F1 · price: On January 1, 2022, 8,130 of the Reporting Person's restricted stock units vested.

F4 · derivative.exercise_date: These restricted stock units vest in equal installments on January 1, 2021, January 1, 2022 and January 1, 2023.

F4 · derivative.expiration_date: These restricted stock units vest in equal installments on January 1, 2021, January 1, 2022 and January 1, 2023.

SEC source: 0000899243-22-000678 · doc4.xml · nonDerivative · entry 1

FIKE ANDREA · CIK 0001205416 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,760

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On January 1, 2022, 8,130 of the Reporting Person's restricted stock units vested.

F2 · balance_after: Includes 500 shares acquired on June 30, 2021 pursuant to the APi Group Corporation 2020 Employee Stock Purchase Plan.

SEC source: 0000899243-22-000677 · doc4.xml · nonDerivative · entry 1

FRANKLIN MARTIN E · CIK 0000940603 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · By Mariposa Acquisition IV, LLC

Disclosed balance after: 3,095,008

F1 · kind: Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.

F1 · shares: Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.

F1 · price: Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.

F2 · ownership.nature: The shares of Common Stock (prior to the distribution described in footnote 3) and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. Mr. Franklin is the manager of Mariposa Acquisition IV, LLC. In such capacity, Mr. Franklin exercises voting and investment power over the shares of Common Stock (prior to the distribution described in footnote 3) and Series A Preferred Stock held by Mariposa Acquisition IV, LLC. As a result, Mr. Franklin may be deemed to have beneficial ownership (as determined under Section 13(d) of the Securities Exchange Act of 1934, as amended) of his proportionate interest in the shares of Common Stock and Series A Preferred Stock held by Mariposa Acquisition IV, LLC.

F3 · ownership.nature: (Continued from Footnote 2) MEF Holdings, LLLP, the general partner of which is wholly-owned by the Martin E. Franklin Revocable Trust, of which Mr. Franklin is the sole settlor and trustee, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 12,342,559 shares of Common Stock and 1,728,400 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Franklin disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-000671 · doc4.xml · nonDerivative · entry 1

ASHKEN IAN G H · CIK 0001093725 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Mariposa Acquisition IV, LLC

Disclosed balance after: 1,447,622

F1 · kind: Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.

F1 · shares: Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.

F1 · price: Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.

F2 · ownership.nature: The shares of Common Stock (prior to the distribution described in footnote 3) and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. IGHA Holdings, LLLP, the general partner of which is wholly-owned by The Ian G.H. Ashken Living Trust (the "Ashken Trust"), of which Mr. Ashken is the trustee and beneficiary, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 5,693,621 shares of Common Stock and 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Ashken disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-000676 · doc4.xml · nonDerivative · entry 1

LILLIE JAMES E · CIK 0001164470 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · By Mariposa Acquisition IV, LLC

Disclosed balance after: 1,447,622

F1 · kind: Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.

F1 · shares: Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.

F1 · price: Represents a stock dividend on shares of Series A Preferred Stock of the Issuer. The holder of Series A Preferred Stock of the Issuer is entitled to receive an annual stock dividend based on the market price of the Issuer's Common Stock for the last ten days of the calendar year.

F2 · ownership.nature: The shares of Common Stock (prior to the distribution described in footnote 3) and Series A Preferred Stock are held directly by Mariposa Acquisition IV, LLC. JTOO LLC, of which Mr. Lillie is the manager, holds a limited liability company interest in Mariposa Acquisition IV, LLC and, as a result, may be deemed to have a pecuniary interest in 4,568,621 shares of Common Stock and 768,000 shares of Series A Preferred Stock held by Mariposa Acquisition IV, LLC. Mr. Lillie disclaims beneficial ownership of any shares except to the extent of his pecuniary interest therein.

SEC source: 0000899243-22-005606 · doc5.xml · nonDerivative · entry 7

Becker Russell A. · CIK 0001805568 · Director · PRESIDENT AND CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 644,050

F2 · ownership.nature: The securities are held by the Patricia L. Becker Legacy Trust dated December 21, 2020 (the "Legacy Trust"). Mr. Becker is the trustee of the Legacy Trust and Mr. Becker may be considered to have beneficial ownership of the Legacy Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.

SEC source: 0000899243-22-005606 · doc5.xml · nonDerivative · entry 6

Becker Russell A. · CIK 0001805568 · Director · PRESIDENT AND CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By Trust

Disclosed balance after: 531,680

F1 · ownership.nature: The securities are held by the Russell A. Becker GST Trust dated November 30, 2020 (the "GST Trust"). Mr. Becker's spouse is the trustee of the GST Trust and Mr. Becker may be considered to have beneficial ownership of the GST Trust's interests in the Issuer. Mr. Becker disclaims beneficial ownership of any shares in which he does not have a pecuniary interest.

SEC source: 0000899243-22-005606 · doc5.xml · nonDerivative · entry 2

Becker Russell A. · CIK 0001805568 · Director · PRESIDENT AND CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By Spouse

Disclosed balance after: 130,950

SEC source: 0000899243-22-005606 · doc5.xml · nonDerivative · entry 1

Becker Russell A. · CIK 0001805568 · Director · PRESIDENT AND CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,007,149

SEC source: 0000899243-21-039150 · doc4.xml · derivative · entry 3

Grunau Paul W. · CIK 0001805389 · CHIEF LEARNING OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,260

Underlying: Common Stock · 16,260 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F4 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F1 · price: On October 1, 2021, 16,260 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

F5 · derivative.exercise_date: These restricted stock units vest in equal installments on October 1, 2020, October 1, 2021 and October 1, 2022.

F5 · derivative.expiration_date: These restricted stock units vest in equal installments on October 1, 2020, October 1, 2021 and October 1, 2022.

SEC source: 0000899243-21-039150 · doc4.xml · nonDerivative · entry 1

Grunau Paul W. · CIK 0001805389 · CHIEF LEARNING OFFICER

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 558,683

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On October 1, 2021, 16,260 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

SEC source: 0000899243-21-039148 · doc4.xml · derivative · entry 11

Becker Russell A. · CIK 0001805568 · Director · PRESIDENT AND CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 163,333

Underlying: Common Stock · 163,333 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F7 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F1 · price: On October 1, 2021, 163,333 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

F8 · derivative.exercise_date: These restricted stock units vest in equal installments on October 1, 2021 and October 1, 2022.

F8 · derivative.expiration_date: These restricted stock units vest in equal installments on October 1, 2021 and October 1, 2022.

SEC source: 0000899243-21-039148 · doc4.xml · nonDerivative · entry 2

Becker Russell A. · CIK 0001805568 · Director · PRESIDENT AND CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,033,829

F2 · shares: Share withheld for tax liability.

SEC source: 0000899243-21-039148 · doc4.xml · nonDerivative · entry 1

Becker Russell A. · CIK 0001805568 · Director · PRESIDENT AND CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,101,563

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On October 1, 2021, 163,333 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

SEC source: 0000899243-21-037039 · doc4.xml · derivative · entry 1

Krumm Kevin · CIK 0001882340 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 60,445

Underlying: Common Stock · 60,445 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F2 · derivative.exercise_date: These restricted stock units vest in three equal installments on September 1, 2022, September 1, 2023 and September 1, 2024.

F2 · derivative.expiration_date: These restricted stock units vest in three equal installments on September 1, 2022, September 1, 2023 and September 1, 2024.

SEC source: 0000899243-21-033396 · doc4.xml · nonDerivative · entry 3

Becker Russell A. · CIK 0001805568 · Director · PRESIDENT AND CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · By Son

Disclosed balance after: 812

SEC source: 0000899243-21-028658 · doc4.xml · derivative · entry 6

ASHKEN IAN G H · CIK 0001093725 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,876

Underlying: Common Stock · 4,876 shares

Expires not disclosed

F6 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F8 · derivative.exercise_date: These restricted stock units vest on the earlier of (i) July 14, 2022, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2022 annual meeting of stockholders.

F8 · derivative.expiration_date: These restricted stock units vest on the earlier of (i) July 14, 2022, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2022 annual meeting of stockholders.

SEC source: 0000899243-21-028658 · doc4.xml · derivative · entry 5

ASHKEN IAN G H · CIK 0001093725 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 6,920 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F6 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F1 · price: On July 14, 2021, 6,920 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

F7 · derivative.exercise_date: These restricted stock units vest on the earlier of (i) August 13, 2021, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2021 annual meeting of stockholders.

F7 · derivative.expiration_date: These restricted stock units vest on the earlier of (i) August 13, 2021, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2021 annual meeting of stockholders.

SEC source: 0000899243-21-028658 · doc4.xml · nonDerivative · entry 1

ASHKEN IAN G H · CIK 0001093725 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,920

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On July 14, 2021, 6,920 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

SEC source: 0000899243-21-028659 · doc4.xml · derivative · entry 3

MALKIN ANTHONY E · CIK 0001076484 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,876

Underlying: Common Stock · 4,876 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F4 · derivative.exercise_date: These restricted stock units vest on the earlier of (i) July 14, 2022, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2022 annual meeting of stockholders.

F4 · derivative.expiration_date: These restricted stock units vest on the earlier of (i) July 14, 2022, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2022 annual meeting of stockholders.

SEC source: 0000899243-21-028659 · doc4.xml · derivative · entry 2

MALKIN ANTHONY E · CIK 0001076484 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 6,920 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F1 · price: On July 14, 2021, 6,920 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

F3 · derivative.exercise_date: These restricted stock units vest on the earlier of (i) August 13, 2021, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2021 annual meeting of stockholders.

F3 · derivative.expiration_date: These restricted stock units vest on the earlier of (i) August 13, 2021, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2021 annual meeting of stockholders.

SEC source: 0000899243-21-028659 · doc4.xml · nonDerivative · entry 1

MALKIN ANTHONY E · CIK 0001076484 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,920

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On July 14, 2021, 6,920 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

SEC source: 0000899243-21-028663 · doc4.xml · derivative · entry 3

WHEELER CARRIE · CIK 0001126013 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,876

Underlying: Common Stock · 4,876 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F4 · derivative.exercise_date: These restricted stock units vest on the earlier of (i) July 14, 2022, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2022 annual meeting of stockholders.

F4 · derivative.expiration_date: These restricted stock units vest on the earlier of (i) July 14, 2022, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2022 annual meeting of stockholders.

SEC source: 0000899243-21-028663 · doc4.xml · derivative · entry 2

WHEELER CARRIE · CIK 0001126013 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 6,920 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.

F1 · price: On July 14, 2021, 6,920 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.

F3 · derivative.exercise_date: These restricted stock units vest on the earlier of (i) August 13, 2021, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2021 annual meeting of stockholders.

F3 · derivative.expiration_date: These restricted stock units vest on the earlier of (i) August 13, 2021, which is the one-year anniversary of the grant date and (ii) the date of the Issuer's 2021 annual meeting of stockholders.

SEC source: 0000899243-21-028663 · doc4.xml · nonDerivative · entry 1

WHEELER CARRIE · CIK 0001126013 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,920

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: On July 14, 2021, 6,920 of the Reporting Person's restricted stock units were settled for an equal number of shares of the Issuer's Common Stock.