0000929887-14-000116.txt : 20140814 0000929887-14-000116.hdr.sgml : 20140814 20140814184001 ACCESSION NUMBER: 0000929887-14-000116 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140812 FILED AS OF DATE: 20140814 DATE AS OF CHANGE: 20140814 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: APOLLO EDUCATION GROUP INC CENTRAL INDEX KEY: 0000929887 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 860419443 STATE OF INCORPORATION: AZ FISCAL YEAR END: 0831 BUSINESS ADDRESS: STREET 1: 4025 S. RIVERPOINT PARKWAY CITY: PHOENIX STATE: AZ ZIP: 85040 BUSINESS PHONE: 4809665394 MAIL ADDRESS: STREET 1: 4025 S. RIVERPOINT PARKWAY CITY: PHOENIX STATE: AZ ZIP: 85040 FORMER COMPANY: FORMER CONFORMED NAME: APOLLO GROUP INC DATE OF NAME CHANGE: 19940912 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Slottow Timothy Paul CENTRAL INDEX KEY: 0001611916 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25232 FILM NUMBER: 141044661 MAIL ADDRESS: STREET 1: 4025 S RIVERPOINT PKWY STREET 2: MS CF-K808 CITY: PHOENIX STATE: AZ ZIP: 85040 4 1 wf-form4_140805599053189.xml FORM 4 X0306 4 2014-08-12 0 0000929887 APOLLO EDUCATION GROUP INC APOL 0001611916 Slottow Timothy Paul 4025 S RIVERPOINT PKWY PHOENIX AZ 85040 0 1 0 0 President, UOPX Class A Common Stock 2014-08-12 4 A 0 19728 0 A 19728 D Non-Qualified Stock Option (right to buy) 26.74 2014-08-12 4 A 0 14368 0 A 2020-08-11 Class A Common Stock 14368.0 14368 D Represents shares of the Issuer's Class A common stock underlying restricted stock units ("RSUs") granted to the Reporting Person. The RSUs are subject to both performance-vesting and service-vesting requirements. Should the performance objective be attained, then 25% of the RSUs will vest upon the Reporting Person's continuation in service with the Issuer through August 31, 2015, and the balance will vest in a series of three successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the second, third and fourth anniversaries of the August 12, 2014 grant date, subject to accelerated vesting upon certain changes in ownership or control of the Issuer. The shares of the Issuer's Class A common stock underlying the RSUs will, in general, be issued as the RSUs vest. (footnote continued below) (continued from footnote 1 above) The RSUs also include dividend equivalent rights pursuant to which the Reporting Person will be credited with the same dividends on the shares of the Issuer's Class A common stock underlying the RSU grant that the Reporting Person would have received had those shares been actually outstanding at the time any dividends are paid on the Issuer's outstanding Class A common stock. The credited dividends will be paid to the Reporting Person at the same time the vested shares of the Issuer's Class A common stock to which they relate are issued under the RSU grant. When the vested shares of the Issuer's Class A common stock underlying the RSUs become issuable following the satisfaction of the applicable performance-vesting and service-vesting requirements, a portion of those shares will be withheld by the Issuer to cover the applicable withholding taxes. Includes (i) 19,728 shares of the Issuer's Class A common stock subject to the reported RSU award. The non-qualified stock option will vest and become exercisable for the underlying shares of the Issuer's Class A common stock in a series of four successive equal annual installments on each of the first four anniversaries of the August 12, 2014 grant date upon the Reporting Person's continuation in service with the Issuer through each such annual vesting date, subject to accelerated vesting upon certain changes in ownership or control of the Issuer. By Gregory J. Iverson for Timothy Slottow 2014-08-14