APOLLO EDUCATION GROUP INC 4
4 · APOLLO EDUCATION GROUP INC · Filed Jul 6, 2016
Insider Transaction Report
Form 4
Newton Frederick James
SR VP, Chief HR Officer
Transactions
- Tax Payment
Class A Common Stock
2016-07-02$9.10/sh−1,094$9,955→ 41,228 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) 16,551 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2014 and (ii) 14,084 shares of the Issuer's Class A common stock subject to RSUs granted August 13, 2013. The 16,551 shares listed in (i) 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 12, 2016, August 12, 2017, and August 12, 2018 vesting dates. (footnote continued below)
- [F3](continued from footnote 2 above) The 14,084 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 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. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer.