Susil Zachary 4
4 · ADT Inc. · Filed Sep 21, 2020
Insider Transaction Report
Form 4
ADT Inc.ADT
Susil Zachary
VP, Controller
Transactions
- Sale
Common Stock
2020-09-18$10.00/sh−1,816$18,160→ 133,338 total
Footnotes (1)
- [F1]Such shares were sold in connection with a secondary public offering pursuant to a registration statement on Form S-3 (Registration No. 333-248821) by certain investment funds managed directly or indirectly by Apollo Global Management, Inc. and its subsidiaries and affiliates ("Apollo") and certain of the Company's current and former executive officers. Apollo permitted such individuals to sell up to the same percentage ownership as sold by Apollo in the offering solely with respect to their shares received prior to the Company's initial public offering and referred to as "distributed shares" which are governed by the terms of a Management Investor Rights Agreement with Apollo.