Company: APO
Filing Date: 2025-04-11
Form Type: S-4
Source: 0001193125-25-079161
Chunk: 161

Company: Apollo Global Management, Inc.
Filing Date: 2025-04-11
Form: S-4
Chunk 161
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ed as of immediately prior to the LLC
Merger effective time will be converted into an Apollo RSA (rounded down to the nearest whole share of Apollo common stock), subject to generally the same terms and conditions as were applicable to such Bridge LLC Unit Award immediately prior to the
LLC Merger effective time, equal to (i) the Class A exchange ratiomultipliedby (ii) the number of units subject to such Bridge LLC Unit Award immediately prior to the LLC Merger effective time, with cash paid
in lieu of fractional shares of Apollo common stock, if any (calculated by multiplying the amount of the fractional share interest by $162.4043). With respect to any recipient of an Apollo RSA whose employment is terminated without cause within the 12-month period following the Corporate Merger effective time, the unvested Apollo RSAs held by such employee issued in respect of the converted Bridge LLC Unit Awards will continue to vest in the ordinary course
for an additional 18 months following the termination of employment as if the employee had remained employed through the vesting date(s).

For additional information on Bridge’s equity awards, see “The Mergers—Interests of Directors and Executive Officers of Bridge in the Mergers” beginning on page [●].

Covenants and Agreements

Conduct of Business

Each
of Apollo and Bridge has agreed to certain covenants in the merger agreement restricting the conduct of its respective business between February 23, 2025 and the earlier of the completion of the mergers and the termination of the merger
agreement.

Interim Operations of Bridge

The merger agreement provides that until the earlier of the effective time of the mergers or the termination of the merger agreement, except
(i) as required by applicable law, (ii) as expressly contemplated by the merger agreement, (iii) with the prior written consent of Apollo (not to be unreasonably withheld, conditioned or delayed) or (iv) certain agreed upon
exceptions, Bridge will, and will cause each other acquired company to, (A) conduct its operations in the ordinary course of business, (B) use reasonable best efforts to maintain and preserve the acquired companies’ present business,
relationships (including with clients, suppliers and other persons), business organizations and assets (including goodwill) and (C) use reasonable best efforts to keep available the services of the key employees of the acquired companies.

In addition, Bridge has agreed that during this period, except (i) as required by applicable law, (ii