4//SEC Filing
APOLLO GROUP INC 4
Accession 0001209191-09-035958
CIK 0000929887operating
Filed
Jul 6, 8:00 PM ET
Accepted
Jul 7, 8:13 PM ET
Size
12.9 KB
Accession
0001209191-09-035958
Insider Transaction Report
Form 4
APOLLO GROUP INCAPOL
MOYA P ROBERT
EVP General Counsel & Secy
Transactions
- Award
Class A Common Stock
2009-07-02+11,048→ 26,455 total - Award
Non-Qualified Stock Option(right to buy)
2009-07-02+26,876→ 26,876 totalExercise: $67.90Exp: 2015-07-02→ Class A Common Stock (26,876 underlying)
Footnotes (3)
- [F1]Represents shares of the Issuer's Class A common stock underlying restricted stock units ("RSUs") awarded to the Reporting Person. The RSUs are subject to both performance-vesting and service-vesting requirements. Should the performance objective be attained, then 25% of the RSUs will vest upon the Reporting Person's continuation in service with the Issuer through August 31, 2010, and the balance will vest in a series of three successive equal annual installments on the second, third and fourth anniversaries of the July 2, 2009 award date, subject to accelerated vesting upon certain changes in ownership or control of the Issuer. The shares of Class A common stock will, in general, be issued as the RSUs vest. The RSUs also include dividend equivalent rights which will entitle the Reporting Person to the same dividends as would be received were the shares of Class A common stock underlying the RSUs actually outstanding shares.
- [F2]Includes (i) 11,048 shares of the Issuer's Class A common stock subject to the reported RSU award, and (ii) 12,750 shares of the Issuer's Class A common stock subject to RSUs granted September 1, 2007. The 12,750 shares underlying the September 1, 2007 RSUs will be issued when those units vest in three successive equal annual installments upon the Reporting Person's continuation in service with the Issuer through each of the September 1, 2009, September 1, 2010, and September 1, 2011 vesting dates. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer.
- [F3]The option will vest and become exercisable for the underlying shares of Class A common stock in a series of four successive equal annual installments on each of the first four one-year anniversaries of the July 2, 2009 grant date upon the Reporting Person's continuation in service with the Issuer through each such annual vesting date, subject to accelerated vesting upon certain changes in ownership or control of the Issuer.
Issuer
APOLLO 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, 8:13 PM ET
- Size
- 12.9 KB