Apollo Principal Holdings III GP Ltd - Oct 12, 2022 Form 4 Insider Report for Global Business Travel Group, Inc. (GBTG)

Role: 10%+ Owner
Signature: [see signatures attached as Exhibit 99.2]
Stock symbol: GBTG
Transactions as of: Oct 12, 2022
Transactions value $: -$140,577,541
Form type: 4
Date filed: 10/13/2022, 04:05 PM
Previous filing: Jun 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GBTG	Class A Common Stock	Award		+3.36M	+15.04%		25.7M	Oct 12, 2022	See Footnote	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GBTG	Warrants	Disposed to Issuer	-$141M	-12.2M	-100%	$11.50	0	Oct 12, 2022	Class A Common Stock	12.2M	$1.50	See Footnote	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	See Exhibit 99.1.
F2	The reporting persons disposed of 12,224,134 private placement warrants in exchange for 3,361,636 shares of Class A Common Stock in an issuer exchange offer.
F3	The warrants became exercisable on June 26, 2022, and will expire on May 27, 2027 or earlier upon redemption or liquidation.