Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Zelter James C	2. Issuer Name and Ticker or Trading Symbol Apollo Global Management, Inc. [ APO ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Co-President
(Last) (First) (Middle) C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR	3. Date of Earliest Transaction (MM/DD/YYYY) 12/7/2021
(Street) NEW YORK, NY 10019 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	12/7/2021		G	V	29379	D	$0.00	6328018 ⁽¹⁾	D
Class A Common Stock	12/8/2021		G	V	7863	D	$0.00	6320155 ⁽¹⁾	D
Class A Common Stock	12/10/2021		G	V	125013	D	$0.00	6195142 ⁽¹⁾	D
Class A Common Stock	12/17/2021		A		24707 ⁽²⁾	A	$70.16	6219849 ⁽¹⁾	D
Class A Common Stock	12/17/2021		A		50490 ⁽³⁾	A	$0.00	6270339 ⁽⁴⁾	D
Class A Common Stock	12/17/2021		A		22345 ⁽⁵⁾	A	$70.16	6292684 ⁽⁴⁾	D
Class A Common Stock	12/17/2021		A		92181 ⁽⁶⁾	A	$0.00	6384865 ⁽⁴⁾	D
Class A Common Stock								1061256	I	The James C. Zelter 2021 GRAT No. 1 ⁽⁷⁾

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:
(1)	Reported amount includes 6,042,986 vested and unvested restricted stock units ("RSUs") granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan"). Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one share of Class A common stock of the Issuer for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement, provided the reporting person remains in service through the applicable vesting date.
(2)	Represents the right to receive vested Class A shares granted under the Apollo Global Management, Inc. 2019 Omnibus Equity Incentive Plan (the "Plan") not later than January 2022 in connection with the reporting person's election to exchange his rights to distributions of incentive income under his outstanding limited partner interests and rights under global carry pool awards previously received from affiliates of the Issuer (such exchange, the "GCP exchange").
(3)	Represents vested RSUs granted under the Plan in connection with the GCP exchange.
(4)	Reported amount includes 6,093,476 vested and unvested RSUs granted under the Plan.
(5)	Represents the right to receive vested Class A shares issued under the Plan in January 2022 in connection with the GCP exchange.
(6)	Represents the right to receive vested Class A shares issued under the Plan to be delivered in the future in accordance with the terms of the GCP Exchange.
(7)	By The James C. Zelter 2021 GRAT No. 1, a vehicle over which the reporting person exercises voting and investment control.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Zelter James C C/O APOLLO GLOBAL MANAGEMENT, INC. 9 WEST 57TH STREET, 43RD FLOOR NEW YORK, NY 10019	X		Co-President