APOLLO EDUCATION GROUP INC 4
4 · APOLLO EDUCATION GROUP INC · Filed Oct 26, 2015
Insider Transaction Report
Form 4
Cappelli Gregory William
DirectorEVP Global Strat & Asst to Chr
Transactions
- Tax Payment
Class A Common Stock
2015-10-22$7.18/sh−21,160$152,035→ 682,995 total
Footnotes (3)
- [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) 236,907 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2015 and (ii) 91,998 shares of the Issuer's Class A common stock subject to RSUs granted on August 12, 2014. The 236,907 shares listed in (i) above will be issued when those units vest (subject to an initial performance-vesting requirement) in a series of three successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the August 12, 2016, August 12, 2017, and August 12, 2018 vesting dates. (footnote continued below)
- [F3](continued from footnote 2 above) The 91,998 shares listed in (ii) above 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 August 12, 2016 and August 12, 2017 vesting dates. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer, and all of the RSUs are subject to service-vesting credits in the event the Reporting Person is terminated under certain specified circumstances during the service-vesting period.