Company: APO
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0001858681-25-000034
Chunk: 250

Company: Apollo Global Management, Inc.
Filing Date: 2025-02-24
Form: 10-K
Item: Item 8
Chunk 250
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 an exercise price of $173.51 per share. The warrants are exercisable on the issuance date and each of the first, second, third, fourth, fifth and sixth anniversaries thereof. As of December 31, 2024, warrants exercisable for 0.4 million shares of common stock were vested and exercisable. Each warrant, to the extent exercised, will be settled on a “cashless net exercise basis.” The warrants will expire on the seventh anniversary of the issuance date, with any vested but unexercised warrants being automatically exercised at such time if the trading price of common stock is above the exercise price.Donor-Advised Fund In February 2025, the Company disclosed that it is establishing a new donor-advised fund (the “Apollo DAF”) as part of its ongoing commitment to philanthropy. The Company issued 1,213,003 shares of common stock in February 2025 to fund the Apollo DAF. 

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Table of ContentsAPOLLO GLOBAL MANAGEMENT, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Dividends and DistributionsOutlined below is information regarding quarterly dividends and distributions (in millions, except per share data).Dividend Declaration DateDividend per Share of Common StockPayment DateDividend to Common StockholdersDistribution Equivalents on Participating SecuritiesFebruary 11, 2022$0.40 February 28, 2022$229 $12 May 5, 20220.40 May 31, 2022229 12 August 4, 20220.40 August 31, 2022229 11 November 2, 20220.40 November 30, 2022229 11 Year ended December 31, 2022$1.60 $916 $46 February 9, 2023$0.40 February 28, 2023$229 $12 May 9, 20230.43 May 31, 2023244 12 August 3, 20230.43 August 31, 2023244 12 November 1, 20230.43 November 30, 2023244 15 Year ended December 31, 2023$1.69 $961 $51 February 8, 2024$0.43 February 29, 2024$245 $