4//SEC Filing
SPERLING JOHN G 4
Accession 0000929887-12-000073
CIK 0000929887other
Filed
Jul 9, 8:00 PM ET
Accepted
Jul 10, 3:40 PM ET
Size
10.0 KB
Accession
0000929887-12-000073
Insider Transaction Report
Form 4
APOLLO GROUP INCAPOL
SPERLING JOHN G
DirectorExec Chrmn of the Board10% Owner
Transactions
- Tax Payment
Class A Common Stock
2012-07-06$36.55/sh−3,392$123,978→ 176,477 total
Holdings
- 8,372,386(indirect: By Trust)
Class A Common Stock
- 900,000(indirect: By Trust)
Class A Common Stock
- 1,181,036(indirect: By Foundation)
Class A Common Stock
Footnotes (7)
- [F1]Represents shares of the Issuer's Class A common stock withheld to satisfy the Issuer's tax withholding obligation upon the vesting of restricted stock units (RSUs) and the issuance of the underlying shares of Class A common stock.
- [F2]Includes (i) 63,704 shares of the Issuer's Class A common stock subject to the RSUs granted on July 2, 2012, (ii) 47,296 shares of the Issuer's Class A common stock subject to the RSUs granted on July 6, 2011, (iii) 21,498 shares of the Issuer's Class A common stock subject to the RSUs granted on July 6, 2010 and (iv) 7,963 shares of the Issuer's Class A common stock subject to the RSUs granted July 2, 2009. The 63,704 shares underlying the July 2, 2012 RSUs will be issued when those units vest (subject to an initial performance-vesting requirement) in four successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the August 31, 2013, July 2, 2014, July 2, 2015 and July 2, 2016 vesting dates. (footnote continued below)
- [F3](continued from footnote 2 above) The 47,296 shares underlying the July 6, 2011 RSUs will be issued when those units vest (subject to an initial performance-vesting requirement) in four successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of August 31, 2012, July 6, 2013, July 6, 2014, and July 6, 2015 vesting dates. The 21,498 shares underlying the July 6, 2010 RSUs will be issued when those units vest in two successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the July 6, 2013, and July 6, 2014 vesting dates. The 7,963 shares underlying the July 2, 2009 RSUs will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through the July 2, 2013 vesting date. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer. (footnote continued below)
- [F4](continued from footnote 3 above) Does not include (i) the performance share award made to the Reporting Person on July 2, 2012 for 32,610 target shares of the Issuer's Class A common stock, (ii) the performance share award made to the Reporting Person on July 6, 2011 for 20,805 target shares of the Issuer's Class A common stock or (iii) the performance share award made to the Reporting Person on July 6, 2010 for 15,174 target shares of the Issuer's Class A common stock. Those performance shares will not actually convert into any shares of the Issuer's Class A common stock unless the applicable performance goals are attained at threshold level or above.
- [F5]By self as trustee and beneficiary of the John Sperling Revocable Trust dated November 26, 2007.
- [F6]By self as co-trustee and beneficiary of the John Sperling 1994 Irrevocable Trust dated April 27, 1994.
- [F7]By Self as trustee of the Aurora Foundation dated May 22, 1997.
Documents
Issuer
APOLLO GROUP INC
CIK 0000929887
Entity typeother
Related Parties
1- filerCIK 0001237503
Filing Metadata
- Form type
- 4
- Filed
- Jul 9, 8:00 PM ET
- Accepted
- Jul 10, 3:40 PM ET
- Size
- 10.0 KB