4//SEC Filing
D'Amico Joseph Lawrence 4
Accession 0001209191-11-048429
CIK 0000929887other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 7:04 PM ET
Size
8.3 KB
Accession
0001209191-11-048429
Insider Transaction Report
Form 4
APOLLO GROUP INCAPOL
D'Amico Joseph Lawrence
President and COO
Transactions
- Tax Payment
Class A Common Stock
2011-09-15$47.45/sh−1,968$93,382→ 174,586 total
Footnotes (5)
- [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 Class A common stock.
- [F2]Includes (i) 44,660 shares of the Issuer's Class A common stock subject to RSUs granted on July 6, 2011, (ii) 24,944 shares of the Issuer's Class A common stock subject to RSUs granted on January 18, 2011, (iii) 40,220 shares of the Issuer's Class A common stock subject to RSUs granted on July 6, 2010, and (iv) 5,984 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2009. The 44,660 shares underlying the July 6, 2011 RSUs will be issued when those units vest (subject to an initial performance-vesting requirement) as follows: 25% of the RSUs will vest upon the Reporting Person's continuation in service with the Issuer through August 31, 2012 and the balance of the RSUs will vest in three successive equal annual installments upon the Reporting Person's continuation in service with the Issuer though each of the July 6, 2013, July 6, 2014 and July 6, 2015 vesting dates. The 24,944 shares underlying the January 18, 2011 RSUs will vest in successive monthly installments over the Reporting Person's period of service with the Issuer as follows: (footnote continued below)
- [F3](continued from footnote 2 above) (i) 50% 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; and (ii) the remaining 50% of the RSUs 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 31, 2012, with the sixth such monthly installment to vest on August 31, 2012 and with the shares of Class A common stock that vest under those final 6 installments to be issued on September 15, 2012. The 40,220 shares underlying the July 6, 2010 RSUs will be issued as those units vest (subject to 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, 2011, July 6, 2012, July 6, 2013, and July 6, 2014 vesting dates. (footnote continued below)
- [F4](continued from footnote 3 above) The 5,984 shares underlying the July 2, 2009 RSUs will be issued as those units vest in two successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the 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. The July 6, 2010 RSU award may also continue to vest (in accordance with the stated annual vesting dates) following the Reporting Person's cessation of service with the Issuer under certain defined circumstances. Does not include (i) 17,382 shares of the Issuer's Class A common stock subject to the performance share award made to the Reporting Person on July 6, 2011 and (ii) 14,196 shares of the Issuer's Class A common stock subject to the performance share award made to the Reporting Person on July 6, 2010. Those awards will not actually convert into any shares unless the applicable performance goals are attained at threshold level or above.
- [F5]Also includes 134 shares of the Issuer's Class A common stock acquired under the Issuer's Employee Stock Purchase Plan on July 8, 2011.
Documents
Issuer
APOLLO GROUP INC
CIK 0000929887
Entity typeother
Related Parties
1- filerCIK 0001387816
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 7:04 PM ET
- Size
- 8.3 KB