4//SEC Filing
APOLLO EDUCATION GROUP INC 4
Accession 0000929887-15-000060
CIK 0000929887operating
Filed
Jul 6, 8:00 PM ET
Accepted
Jul 7, 5:25 PM ET
Size
7.4 KB
Accession
0000929887-15-000060
Insider Transaction Report
Form 4
Newton Frederick James
SR VP, Chief HR Officer
Transactions
- Tax Payment
Class A Common Stock
2015-07-02$12.93/sh−1,631$21,089→ 52,169 total
Footnotes (5)
- [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) 22,068 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2014, (ii) 21,126 shares of the Issuer's Class A common stock subject to RSUs granted August 13, 2013, (iii) 3,371 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2012, and (iv) 2,212 shares of the Issuer's Class A common stock subject to RSUs granted July 6, 2011. The 22,068 shares listed in (i) above will be issued when those units vest (subject to an initial performance-vesting requirement) in a series of four successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the August 31, 2015, August 12, 2016, August 12, 2017, and August 12, 2018 vesting dates. (footnote continued below)
- [F3](continued from footnote 2 above) The 21,126 shares listed in (ii) above 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 August 13, 2015, August 13, 2016, and August 13, 2017 vesting dates. The August 12, 2014 and August 13, 2013 RSUs are also subject to accelerated vesting in the event the Reporting Person's employment terminates under certain specified circumstances during the service-vesting period. The 3,371 shares listed in (iii) above will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through the July 2, 2016 vesting date. (footnote continued below)
- [F4](continued from footnote 3 above) The 2,212 shares listed in (iv) above will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through the July 6, 2015 vesting date. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer.
- [F5]Does not include 2,478 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. The award 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 EDUCATION GROUP INC
CIK 0000929887
Entity typeoperating
IncorporatedAZ
Related Parties
1- filerCIK 0000929887
Filing Metadata
- Form type
- 4
- Filed
- Jul 6, 8:00 PM ET
- Accepted
- Jul 7, 5:25 PM ET
- Size
- 7.4 KB