APOLLO GROUP INC 4
4 · APOLLO GROUP INC · Filed Sep 2, 2010
Insider Transaction Report
Form 4
APOLLO GROUP INCAPOL
MOYA P ROBERT
EVP General Counsel & Secy
Transactions
- Tax Payment
Class A Common Stock
2010-09-01$43.39/sh−1,341$58,186→ 23,660 total
Footnotes (3)
- [F1]Represents shares of the Issuer's Class A common stock withheld to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units (RSU's) and the issuance of the underlying shares of Class A common stock.
- [F2]Includes (i) 4,250 shares of the Issuer's Class A common stock subject to RSUs granted September 1, 2007, and (ii) 11,048 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2009. The 4,250 shares underlying the September 1, 2007 RSUs will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through September 1, 2011. (footnote continued below).
- [F3](Continued from Note 2 above) The 11,048 shares underlying the July 2, 2009 RSUs will be issued when those units vest (subject to certification of the attainment of an initial performance-vesting requirement) in four successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the August 31, 2010, July 2, 2011, July 2, 2012 and July 2, 2013 vesting dates. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer.