0000929887-15-000151.txt : 20151102 0000929887-15-000151.hdr.sgml : 20151102 20151102180904 ACCESSION NUMBER: 0000929887-15-000151 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20151030 FILED AS OF DATE: 20151102 DATE AS OF CHANGE: 20151102 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: Iverson Gregory James CENTRAL INDEX KEY: 0001456658 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25232 FILM NUMBER: 151191765 MAIL ADDRESS: STREET 1: 4025 S. RIVERPOINT PARKWAY STREET 2: CF-K809 CITY: PHOENIX STATE: AZ ZIP: 85040 4 1 wf-form4_144650573471783.xml FORM 4 X0306 4 2015-10-30 0 0000929887 APOLLO EDUCATION GROUP INC APOL 0001456658 Iverson Gregory James 4025 S. RIVERPOINT PKWY PHOENIX AZ 85040 0 1 0 0 SVP, CFO, CAO & Treasurer Class A Common Stock 2015-10-30 4 A 0 127936 0 A 195233 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, 2016, 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 August 12, 2017, August, 12, 2018, and August 12, 2019 vesting dates, 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) 127,936 shares of the Issuer's Class A common stock subject to the reported RSU award, (ii) 28,044 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2015, (iii) 12,006 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2014, (iv) 10,470 shares of the Issuer's Class A common stock subject to RSUs granted August 13, 2013, and (v) 2,422 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2012. The 28,044 shares listed in (ii) 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) (continued from footnote 3 above) The 12,006 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. The 10,470 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 August 13, 2016 and August 13, 2017 vesting dates. The 2,422 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 July 2, 2016 vesting date. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer. Gregory J. Iverson 2015-11-02