4//SEC Filing
Edelstein Charles B. 4
Accession 0001209191-11-003911
CIK 0000929887other
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 5:51 PM ET
Size
7.1 KB
Accession
0001209191-11-003911
Insider Transaction Report
Form 4
APOLLO GROUP INCAPOL
Edelstein Charles B.
DirectorCo-Chief Executive Officer
Transactions
- Award
Class A Common Stock
2011-01-18+57,740→ 116,564 total
Footnotes (3)
- [F1]Represents shares of the Issuer's Class A common stock subject to restricted stock units (RSUs') that will vest in successive monthly installments over the Reporting Person's period of service with the Issuer as follows: (i) 20% of the RSUs will vest in 8 successive equal monthly installments upon the Reporting Person's completion of each month of service over the 8-month period measured from January 16, 2011, with the shares of Class A common stock that so vest to be issued on September 15, 2011; (ii) an additional 40% of the RSUs will vest in 6 successive equal monthly installments upon the Reporting Person's completion of each month of service over the 6-month period measured from September 16 2011, with the shares of Class A common stock that so vest to be issued on March 15, 2012; (footnote continued below)
- [F2](continued from footnote 1 above) and the remaining 40% of the restricted stock units will vest in 6 successive equal monthly installments upon the Reporting Person's completion of each month of service over the period beginning March 16, 2012 and ending August 26, 2012, with the sixth such monthly installment to vest on August 26, 2012 and with the shares of Class A common stock that vest under those final 6 installments to be issued on September 15, 2012. However, the RSUs will vest in full on an accelerated basis upon the Reporting Person's death or upon certain changes in control of the Issuer, with the shares that so vest to be issued as soon as practicable following the acceleration event.
- [F3]Includes (i) 1,600 shares of the Issuer's Class A common stock subject to restricted stock units granted October 31, 2008 which will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through August 26, 2011, and (ii) 14,243 shares of the Issuer's Class A common stock subject to restricted stock units granted October 31, 2008 which will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through August 26, 2011. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer.
Documents
Issuer
APOLLO GROUP INC
CIK 0000929887
Entity typeother
Related Parties
1- filerCIK 0001440390
Filing Metadata
- Form type
- 4
- Filed
- Jan 18, 7:00 PM ET
- Accepted
- Jan 19, 5:51 PM ET
- Size
- 7.1 KB