4//SEC Filing
APOLLO GROUP INC 4
Accession 0000929887-13-000069
CIK 0000929887operating
Filed
Jul 8, 8:00 PM ET
Accepted
Jul 9, 4:40 PM ET
Size
7.3 KB
Accession
0000929887-13-000069
Insider Transaction Report
Form 4
APOLLO GROUP INCAPOL
Langenbach Jeffrey G
Chief Administrative Officer
Transactions
- Tax Payment
Class A Common Stock
2013-07-06$17.94/sh−875$15,698→ 25,131 total
Footnotes (4)
- [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 the Issuer's Class A common stock.
- [F2]Includes (i) 7,761 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2012, (ii) 3,392 shares of the Issuer's Class A common stock subject to RSUs granted July 6, 2011, (iii) 4,018 shares of the Issuer's Class A common stock subject to RSUs granted January 14, 2011 and (iv) 1,006 shares of the Issuer's Class A common stock subject to RSUs granted July 6, 2010. The 7,761 shares underlying the July 2, 2012 RSUs will be issued when those units vest in a series of three successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the July 2, 2014, July 2, 2015 and July 2, 2016 vesting dates. The 3,392 shares underlying the July 6, 2011 RSUs will be issued when those units vest in a series of two successive equal installments upon the (footnote continued below)
- [F3](continued from footnote 2 above) Reporting Person's continuation in service with the Issuer through each of the July 6, 2014 and July 6, 2015 vesting dates. The 4,018 shares underlying the January 14, 2011 RSUs will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through the September 15, 2013 vesting date. The January 14, 2011 RSUs will vest in full on an accelerated basis upon an involuntary termination of the Reporting Person's service without cause. The 1,006 shares underlying the July 6, 2010 RSUs will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through the July 6, 2014 vesting date. (footnote continued below)
- [F4](continued from footnote 3 above) All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer. Does not include (i) 1,212 target shares of the Issuer's Class A common stock subject to the performance share award made to the Reporting Person on July 2, 2012, (ii) 1,185 target shares of the Issuer's Class A common stock subject to the performance share award made to the Reporting Person on July 6, 2011 or (iii) 1,422 target shares of the Issuer's Class A common stock subject to the performance share award made to the Reporting Person on July 6, 2010. Those awards 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.
Documents
Issuer
APOLLO GROUP INC
CIK 0000929887
Entity typeoperating
IncorporatedAZ
Related Parties
1- filerCIK 0000929887
Filing Metadata
- Form type
- 4
- Filed
- Jul 8, 8:00 PM ET
- Accepted
- Jul 9, 4:40 PM ET
- Size
- 7.3 KB