Company: APO
Filing Date: 2025-05-12
Form Type: S-4/A
Source: 0001193125-25-117912
Chunk: 143

Company: Apollo Global Management, Inc.
Filing Date: 2025-05-12
Form: S-4/A
Chunk 143
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 the following broad-based compensation programs that will generally be available to a majority of Bridge’s investment professionals following the effective time of the mergers and will be awarded and/or vest over a multi-year period of at least three years and, in some cases, five years: (i) a time-based retention pool, (ii) a performance-based retention pool, (iii) a value creation program and (iv) a Real Estate Incentive Plan (collectively, the “Compensation Plans”). A majority of the payments under the Compensation Plans are subject to the surviving corporation achieving certain performance goals during the applicable multi-year period following the effective time of the mergers (the “Performance Period”) and the employee remaining continuously employed through the end of the Performance Period. The payments under the Compensation Plans will only be funded if the applicable performance hurdles are met. Payments under the Compensation Plans will be consistent with Apollo’s customary incentive compensation programs (which include cash and Apollo restricted stock units subject to additional vesting conditions). The total aggregate amount payable to Bridge employees, which includes the executive officers, if the performance goals for each Compensation Plan are achieved at maximum is approximately $268,000,000. In connection with the mergers, Bridge may establish an incentive program in an amount not to exceed $26,450,000 in the aggregate, with designated participants and individual amounts subject to Apollo’s consent and payable in equal annual installments, in either cash or Apollo restricted stock units, over a four-year period following the effective time of the mergers, subject to the applicable participant remaining employed by the surviving corporation or Apollo through the applicable vesting date (the “Incentive Program”). As of the date hereof, Bridge has agreed (and Apollo has approved) to grant an incentive bonus under the Incentive Program equal to $4,600,000, $750,000, $400,000, $500,000 and $200,000 for each of Messrs. Morse, Slager, O’Farrell and Allara and Ms. Elsnab, respectively. Indemnification and Insurance Pursuant to the terms of the merger agreement, Bridge’s non-employeedirectors and executive officers will be entitled to certain ongoing indemnification and coverage under directors’ and officers’ liability insurance policies following the mergers. Such indemnification and insurance coverage is further described in the section entitled “ The Merger Agreement—Covenants and Agreements—Indemnification and Insurance of Bridge Directors and Officers” beginning on page 112 of