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API GROUP CORPORATION

(APG)
  Report
Delayed Nyse  -  04:00 2022-09-30 pm EDT
13.27 USD   -2.93%
09/19Insider Buy: Api Group
MT
09/15Insider Buy: API Group
MT
09/12Insider Buy: API Group
MT
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API GROUP CORP : Results of Operations and Financial Condition, Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)

08/04/2022 | 07:06am EDT

Item 2.02 Results of Operations and Financial Condition.

On August 4, 2022, APi Group Corporation (the "Company") issued a press release announcing its financial results for its fiscal quarter ended June 30, 2022. A copy of the press release is furnished as Exhibit 99.1.

The information furnished under this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(c)

James Arseniadis, 39, the Company's Vice President and Chief Accounting Officer, has been designated as the Company's principal accounting officer effective August 2, 2022.

Prior to joining the Company in June 2022, Mr. Arseniadis was a Vice President of Accounting at UnitedHealth Group ("UHG") where he most recently served as Assistant Controller of Optum Rx, a pharmacy care services company. At Optum Rx, Mr. Arseniadis was responsible for various accounting oversight and financial reporting functions. Prior to that, Mr. Arseniadis held other roles of increasing responsibility within UHG since joining in August 2017. Mr. Arseniadis began his career at PricewaterhouseCoopers and spent 12 years in the firm's Assurance practice serving a variety of public, multinational clients. Mr. Arseniadis graduated from the University of Notre Dame with a Bachelor of Business Administration and is a Certified Public Accountant.

As an officer of the Company, Mr. Arseniadis is entitled to participate in the Company's annual incentive compensation and long-term equity incentive compensation programs described under the heading "Compensation Discussion and Analysis" in the Company's Proxy Statement on Schedule 14A filed with the SEC on April 29, 2022.

There are no arrangements or understandings between Mr. Arseniadis and any other persons pursuant to which Mr. Arseniadis was selected as an officer of the Company. There are no family relationships between Mr. Arseniadis and any director or executive officer of the Company and Mr. Arseniadis does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated under the Exchange Act, nor are any such transactions currently proposed, as amended or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits


The following exhibit is being furnished as part of this Current Report on Form
8-K.

Exhibit
  No.      Description

99.1         Press release issued by APi Group Corporation on August 4, 2022.

104        Cover Page Interactive Data File (embedded within the Inline XBRL document)



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