4//SEC Filing
Edelstein Charles B. 4
Accession 0001209191-11-045964
CIK 0000929887other
Filed
Aug 29, 8:00 PM ET
Accepted
Aug 30, 2:52 PM ET
Size
7.8 KB
Accession
0001209191-11-045964
Insider Transaction Report
Form 4
APOLLO GROUP INCAPOL
Edelstein Charles B.
DirectorCo-Chief Executive Officer
Transactions
- Tax Payment
Class A Common Stock
2011-08-26$44.86/sh−5,156$231,298→ 110,904 total - Tax Payment
Class A Common Stock
2011-08-26$44.86/sh−504$22,609→ 116,060 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 (RSUs) and the issuance of the underlying shares of Class A common stock.
- [F2]Includes 57,740 shares of the Issuer's Class A common stock subject to restricted stock units granted January 18, 2011, which 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)
- [F3](continued from footnote 2 above) and (iii) 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 an involuntary termination of the Reporting Person's service without cause or upon certain changes in control of the Issuer.
Documents
Issuer
APOLLO GROUP INC
CIK 0000929887
Entity typeother
Related Parties
1- filerCIK 0001440390
Filing Metadata
- Form type
- 4
- Filed
- Aug 29, 8:00 PM ET
- Accepted
- Aug 30, 2:52 PM ET
- Size
- 7.8 KB