APOLLO GROUP INC 4
4 · APOLLO GROUP INC · Filed Oct 29, 2013
Insider Transaction Report
Form 4
APOLLO GROUP INCAPOL
Pepicello William John
President-UOPX
Transactions
- Sale
Class A Common Stock
2013-10-25$28.23/sh−25,924$731,886→ 28,475 total
Footnotes (2)
- [F1]Includes (i) 17,079 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2012, (ii) 7,980 shares of the Issuer's Class A common stock subject to RSUs granted July 6, 2011, and (iii) 3,085 shares of the Issuer's Class A common stock subject to RSUs granted July 6, 2010. The 17,079 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 7,980 shares underlying the July 6, 2011 RSUs will be issued when those units vest in a series of two successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the July 6, 2014 and July 6, 2015 vesting dates. (footnote continued below)
- [F2](continued from footnote 1 above) The 3,085 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. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer. Does not include (i) 8,049 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 or (ii) 5,136 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 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