Rowan Marc J's Form 4 filing
Athene Holding Ltd. (ATHS) · filed Aug 17, 2021
- Accession no.
- 0000899243-21-033353
- Filed
- Aug 17, 2021
- Trade date
- Aug 16-17, 2021
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 20 non-derivative transactions. Open-market sales total $10.3M. It was filed 1 day after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Rowan Marc JCIK 0001032681 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 16, 2021 | Class A Common Shares | SSaleDisposed | −433 | $65.50F1 | −$28,361.5 | 1,369 | Direct | |
| Aug 16, 2021 | Class A Common Shares | SSaleDisposed | −34,642 | $65.50F1 | −$2,269,051 | 109,353 | Indirect | |
| Aug 16, 2021 | Class A Common Shares | SSaleDisposed | −11,665 | $65.50F1 | −$764,057.5 | 36,823 | Indirect | |
| Aug 16, 2021 | Class A Common Shares | SSaleDisposed | −25,053 | $65.50F1 | −$1,640,971.5 | 79,082 | Indirect | |
| Aug 16, 2021 | Class A Common Shares | SSaleDisposed | −1,228 | $65.50F1 | −$80,434 | 3,874 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −245 | $63.64F6 | −$15,591.8 | 1,124 | Direct | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −19,582 | $63.64F6 | −$1,246,198.48 | 89,771 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −6,594 | $63.64F6 | −$419,642.16 | 30,229 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −14,161 | $63.64F6 | −$901,206.04 | 64,921 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −694 | $63.64F6 | −$44,166.16 | 3,180 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −257 | $64.42F7 | −$16,555.94 | 867 | Direct | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −20,490 | $64.42F7 | −$1,319,965.8 | 69,281 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −6,899 | $64.42F7 | −$444,433.58 | 23,330 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −14,818 | $64.42F7 | −$954,575.56 | 50,103 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −726 | $64.42F7 | −$46,768.92 | 2,454 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −6 | $65.16F8 | −$390.96 | 861 | Direct | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −499 | $65.16F8 | −$32,514.84 | 68,782 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −168 | $65.16F8 | −$10,946.88 | 23,162 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −362 | $65.16F8 | −$23,587.92 | 49,741 | Indirect | |
| Aug 17, 2021 | Class A Common Shares | SSaleDisposed | −18 | $65.16F8 | −$1,172.88 | 2,436 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.265 to $65.66, inclusive. The Reporting Persons undertake to provide to Athene Holding Ltd. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and footnotes (6) through (8).
Referenced by the price of 5 transactions in Table I.
- F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.03 to $64.025, inclusive.
Referenced by the price of 5 transactions in Table I.
- F7
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.03 to $65.00, inclusive.
Referenced by the price of 5 transactions in Table I.
- F8
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.03 to $65.26, inclusive.
Referenced by the price of 5 transactions in Table I.
Remarks
Mr. Rowan intends to sell up to 1,000,000 Class A Shares of the Issuer in the aggregate inclusive of shares of Class A Shares previously sold from and after August 6 (the "Aggregate Issuer Shares") prior to the closing of the merger of Apollo Global Management, Inc. ("Apollo") and the Issuer. Following such sales, Mr. Rowan will beneficially own approximately 681,075 Class A Shares of the Issuer. Mr. Rowan informed the Issuer that the sales of the Aggregate Issuer Shares are to generate liquidity to fund anticipated tax obligations arising from Apollo's previously announced conversion of its capital structure to a single class of voting common stock, and that he does not currently have any plan or intention to sell any additional Class A Shares of the Issuer (other than the Aggregate Issuer Shares). Mr. Rowan is the Chief Executive Officer and a co-founder of Apollo and currently serves on the board of directors of Apollo. Certain of Apollo's affiliates manage investment funds (the "Apollo Funds") that hold Class A Shares of the Issuer and may be deemed to beneficially own the Class A Shares of the Issuer held by the Apollo Funds. This report does not include any securities of the Issuer held by any of the Apollo Funds or that may be deemed to be beneficially owned by any Apollo investment managers or investment advisors affiliated with the Apollo Funds, and Mr. Rowan disclaims beneficial ownership of all such securities. This report shall not be deemed an admission that Mr. Rowan is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Exhibit 24.1 - Power of Attorney (incorporated by reference to the Power of Attorney filed as Exhibit 24 to the Form 3 filed by the Reporting Person on December 9, 2016).