Apollo Principal Holdings III, L.P.'s Form 4 filing
Global Business Travel Group, Inc.GBTG · filed Jun 1, 2022
- Accession no.
- 0001104659-22-067110
- Filed
- Jun 1, 2022, 4:06 PM ET
- Trade date
- May 27, 2022
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market purchases total $20.0M. It was filed 5 days 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 |
|---|---|
| Apollo Principal Holdings III, L.P.CIK 0001566433 | 10% Owner |
| Apollo Principal Holdings A GP, Ltd.CIK 0001566491 | 10% Owner |
| APSG Sponsor, L.P.CIK 0001826037 | 10% Owner |
| AP Caps II Holdings GP, LLCCIK 0001826197 | 10% Owner |
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 |
|---|---|---|---|---|---|---|---|---|
| May 27, 2022 | Class A Common Stock | PPurchaseAcquired | +2,000,000 | $10.00 | +$20,000,000 | 2,000,000 | Indirect | |
| May 27, 2022 | Class A Common Stock | JOtherAcquired | +20,345,250 | –F4 | – | 22,345,250 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
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.
- F3
Prior to the Business Combination (as defined below), the Class B ordinary shares were convertible into Class A ordinary shares on a one-for-one basis (subject to certain anti-dilution adjustments) and had no expiration date.
Referenced by the price of 1 transaction in Table II.
- F4
As described in the registration statement on Form S-4 (File No. 333-261820) of Apollo Strategic Growth Capital ("APSG"), now known as Global Business Travel Group, Inc. ("GBT"), the Class B ordinary shares of APSG held by the reporting person automatically converted into an equal number of shares of Class X common stock of GBT upon APSG's domestication into a Delaware corporation and immediately thereafter automatically converted into an equal number of shares of Class A common stock of GBT upon the closing of the business combination with GBT JerseyCo Limited (the "Business Combination"). The acquisition and disposition reported in connection with this footnote were approved in advance by the Issuer's Board of Directors in accordance with Rule 16b-3.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.