4//SEC Filing
APOLLO GROUP INC 4
Accession 0000929887-13-000106
CIK 0000929887operating
Filed
Aug 14, 8:00 PM ET
Accepted
Aug 15, 6:38 PM ET
Size
7.2 KB
Accession
0000929887-13-000106
Insider Transaction Report
Form 4
APOLLO GROUP INCAPOL
Uehlein Curtis Matthew
Acting Chief Operating Officer
Transactions
- Award
Class A Common Stock
2013-08-13+24,930→ 27,470 total
Footnotes (3)
- [F1]Represents shares of the Issuer's Class A common stock underlying restricted stock units ("RSUs") granted to the Reporting Person. The RSUs are subject to service-vesting requirements. 20% of the RSUs will vest upon the Reporting Person's continuation in service with the Issuer through August 13, 2014, and the balance will vest in a series of two successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the second and third anniversaries of the August 13, 2013 grant date, subject to accelerated vesting upon certain changes in ownership or control of the Issuer. The shares of the Issuer's Class A common stock underlying the RSUs will, in general, be issued as the RSUs vest. (footnote continued below)
- [F2](continued from footnote 1 above) The RSUs also include dividend equivalent rights pursuant to which the Reporting Person will be credited with the same dividends on the shares of the Issuer's Class A common stock underlying the RSU grant that the Reporting Person would have received had those shares been actually outstanding at the time any dividends are paid on the Issuer's outstanding Class A common stock. The credited dividends will be paid to the Reporting Person at the same time the vested shares of the Issuer's Class A common stock to which they relate are issued under the RSU grant. When the vested shares of the Issuer's Class A common stock underlying the RSUs become issuable following the satisfaction of the applicable service-vesting requirements, a portion of those shares will be withheld by the Issuer to cover the applicable withholding taxes.
- [F3]Includes 1,468 shares of the Issuer's Class A common stock subject to RSUs granted May 15, 2011. The shares underlying the 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 May 15, 2014 and May 15, 2015 vesting dates. The RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer. Does not include (i) 7,647 target shares of the Issuer's Class A common stock subject to the performance share award made to the Reporting Person on October 25, 2012 or (ii) 4,740 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. 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.
Documents
Issuer
APOLLO GROUP INC
CIK 0000929887
Entity typeoperating
IncorporatedAZ
Related Parties
1- filerCIK 0000929887
Filing Metadata
- Form type
- 4
- Filed
- Aug 14, 8:00 PM ET
- Accepted
- Aug 15, 6:38 PM ET
- Size
- 7.2 KB