4//SEC Filing
APOLLO EDUCATION GROUP INC 4
Accession 0000929887-15-000155
CIK 0000929887operating
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 4:36 PM ET
Size
7.3 KB
Accession
0000929887-15-000155
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Class A Common Stock
2015-12-16$7.77/sh−11,921$92,626→ 239,066 total
Footnotes (4)
- [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 the Issuer's Class A common stock.
- [F2]Includes (i) 77,760 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2015, (ii) 40,293 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2015, (iii) 29,172 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2014, (iv) 13,378 shares of the Issuer's Class A common stock subject to RSUs granted December 16, 2013, and (v) 31,020 shares of the Issuer's Class A common stock subject to RSUs granted December 16, 2013. The 77,760 shares listed in (i) above will be issued when those units vest (subject to an initial performance-vesting requirement) in a series of four successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the August 31, 2016, August 12, 2017, August 12, 2018 and August 12, 2019 vesting dates. (footnote continued below)
- [F3](continued from footnote 2 above) The 40,293 shares listed in (ii) above will be issued when those units vest in a series of three successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the August 12, 2016, August 12, 2017, and August 12, 2018 vesting dates, subject to accelerated vesting upon an involuntary termination of the Reporting Person's service without cause. The 29,172 shares listed in (iii) above will be issued when those units vest in a series of three successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the August 12, 2016, August 12, 2017, and August 12, 2018 vesting dates. (footnote continued below)
- [F4](continued from footnote 3 above) The 13,378 shares listed in (iv) above will be issued when those units vest in a series of two successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the December 16, 2016 and December 16, 2017 vesting dates. The 31,020 shares listed in (v) above will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through the December 16, 2016 vesting date. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer.
Documents
Issuer
APOLLO EDUCATION GROUP INC
CIK 0000929887
Entity typeoperating
IncorporatedAZ
Related Parties
1- filerCIK 0000929887
Filing Metadata
- Form type
- 4
- Filed
- Dec 17, 7:00 PM ET
- Accepted
- Dec 18, 4:36 PM ET
- Size
- 7.3 KB