SEC Form 4 · accession 0000929887-16-000207
APOLLO EDUCATION GROUP INC · APOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curtis Matthew Uehlein
Officer — President, Apollo Global
Period of report
Aug 12, 2016
Accepted (ET)
Aug 16, 2016 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000929887
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2,F3,F4 | Aug 12, 2016 | F | 4,818 | $9.04 | D | 93,036 | D | |
| Class A Common StockF2,F3 | Aug 13, 2016 | F | 2,728 | $9.04 | D | 90,308 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 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.
- F2Includes (i) 16,923 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2015 and (ii) 23,936 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2014. The 16,923 shares listed in (i) above will be issued when those units vest in a series of three successive equal installments on each of the August 12, 2017, August 12, 2018 and August 12, 2019 vesting dates. The 23,936 shares listed in (ii) above will be issued when those units vest in a series of two successive equal installments on each of the August 12, 2017 and August 12, 2018 vesting dates. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer.
- F3Does not include (i) 24,177 target shares of the Issuer's Class A common stock subject to the performance share award ("PSA") granted November 25, 2015, (ii) 11,220 target shares of the Issuer's Class A common stock subject to the PSA granted November 25, 2014 or (iii) 12,465 target shares of the Issuer's Class A common stock subject to the PSA granted November 25, 2013. These awards will not actually convert into any shares of the Issuer's Class A common stock unless the applicable performance goals are attained at threshold level or above.
- F4Also includes 9,972 shares of the Issuer's Class A common stock subject to RSUs granted August 13, 2013 which were issued when those units vested on August 13, 2016.