SEC Form 4 · accession 0000929887-17-000034

APOLLO EDUCATION GROUP INC · APOL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 1, 2017

Accepted (ET)

Feb 2, 2017 · 4:44 pm EST

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 Stock^F1	Feb 1, 2017	D	46,933	$10.00	D	0	D
Class A Common Stock^F1,F2	Feb 1, 2017	D	5	$10.00	D	0	I	Custodian

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Non-Qualified Stock Option (right to buy)^F1	$71.23	Feb 1, 2017	D	6,500	D	—	Nov 12, 2017	Class A Common Stock	6,500	D
Non-Qualified Stock Option (right to buy)^F1	$69.51	Feb 1, 2017	D	6,000	D	—	Oct 31, 2018	Class A Common Stock	6,000	D
Non-Qualified Stock Option (right to buy)^F1	$67.90	Feb 1, 2017	D	6,000	D	—	Jul 1, 2019	Class A Common Stock	6,000	D
Non-Qualified Stock Option (right to buy)^F1	$47.47	Feb 1, 2017	D	5,380	D	—	Jul 5, 2017	Class A Common Stock	5,380	D
Non-Qualified Stock Option (right to buy)^F1	$36.34	Feb 1, 2017	D	2,638	D	—	Jul 1, 2018	Class A Common Stock	2,638	D

F1Pursuant to the Agreement and Plan of Merger, dated as of February 7, 2016, as amended, among Apollo Education Group, Inc., AP VIII Queso Holdings, L.P., and Socrates Merger Sub, Inc., outstanding shares of the Issuer's Class A common stock were converted into a right to receive a cash payment of $10.00 per share (the "Merger Consideration"). Upon consummation of the merger and in accordance with their terms, stock options were cancelled for no consideration or payment because their exercise prices exceeded the Merger Consideration.
F2The Reporting Person disclaimed beneficial ownership of such securities, and this report shall not be deemed an admission that the Reporting Person was the beneficial owner of those securities.