APOLLO EDUCATION GROUP INC 4
4 · APOLLO EDUCATION GROUP INC · Filed Mar 21, 2014
Insider Transaction Report
Form 4
Born Dana H
Director
Transactions
- Award
Class A Common Stock
2014-03-20+2,833→ 2,833 total
Footnotes (2)
- [F1]Represents shares of the Issuer's Class A common stock underlying restricted stock units (RSUs) awarded to the Reporting Person. The RSUs will vest in full upon the Reporting Person's continuation in Board service with the Issuer through August 31, 2014, subject to accelerated vesting of the entire award upon certain changes in ownership or control of the Issuer. The shares of Class A common stock will be issued when the RSUs vest. The RSUs also include dividend equivalent rights which will entitle the Reporting Person to the same dividends that would be payable were the shares of Class A common stock underlying the RSUs actually outstanding shares at the time of such dividends. The credited dividends will be paid concurrently with the issuance of those shares of Class A common stock.
- [F2]Represents the 2,833 shares of the Issuer's Class A common stock subject to the reported RSU award.