Filing Details

Accession Number:
0000929887-14-000018
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-05 16:09:41
Reporting Period:
2014-02-03
Filing Date:
2014-02-05
Accepted Time:
2014-02-05 16:09:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
929887 Apollo Education Group Inc APOL Services-Educational Services (8200) 860419443
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1338665 C Terri Bishop 4025 S. Riverpoint Pkwy
Phoenix AZ 85040
Vice Chairman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2014-02-03 2,000 $32.20 20,295 No 4 S Indirect Tom & Terri Bishop, TTEES Bishop Family Living Trust Dtd 2/24/99 Rstd 7/11/03
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Tom & Terri Bishop, TTEES Bishop Family Living Trust Dtd 2/24/99 Rstd 7/11/03
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 47,844 Direct
Footnotes
  1. Includes (i) 25,676 shares of the Issuer's Class A common stock subject to RSUs granted August 13, 2013, (ii) 2,331 shares of the Issuer's Class A common stock subject to RSUs granted May 1, 2013, (iii) 9,495 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2012, (iv) 5,610 shares of the Issuer's Class A common stock subject to RSUs granted July 6, 2011, and (v) 4,732 shares of the Issuer's Class A common stock subject to RSUs granted July 6, 2010. The 25,676 shares underlying the August 13, 2013 RSUs 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, 2014, August 13, 2015, August 13, 2016, and August 13, 2017 vesting dates. The 2,331 shares underlying the May 1, 2013 RSUs will be issued when those units vest in a (footnote continued below)
  2. (continued from footnote 1 above) series of three successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the July 2, 2014, July 2, 2015, and July 2, 2016 vesting dates. The 9,495 shares underlying the July 2, 2012 RSUs 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 July 2, 2014, July 2, 2015, and July 2, 2016 vesting dates. The 5,610 shares underlying the July 6, 2011 RSUs 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 July 6, 2014 and July 6, 2015 vesting dates. (footnote continued below)
  3. (continued from footnote 2 above) The 4,732 shares underlying the July 6, 2010 RSUs will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through the July 6, 2014 vesting date. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer. Does not include (i) 1,983 target shares of the Issuer's Class A common stock subject to the performance share award made to the Reporting Person on July 2, 2012 or (ii) 2,766 target shares of the Issuer's Class A common stock subject to the performance share award made to the Reporting Person on July 6, 2011. Those 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.
  4. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 25, 2013.
  5. Represents the weighted average sale price per share. The actual sale prices ranged from a low of $32.00 to a high of $32.35. The Reporting Person will provide upon request by the Securities and Exchange Commission, the Issuer or any security holder of the Issuer full information regarding the number of shares sold at each separate price.
  6. Over a period ranging from August 13, 2010 to October 21, 2013, the Reporting Person transferred a total of 39,906 shares directly held by her into the Tom & Terri Bishop, TTEES Bishop Family Living Trust dated February 24, 1999 ("Trust"), of which the Reporting Person is the co-trustee and beneficiary. Following the transfers, the Reporting Person indirectly owned such transferred shares through the Trust. The transfers resulted in a change only in the form of beneficial ownership and, per Rule 16a-13 under the Securities Exchange Act (the "Act"), were not reportable transactions under Section 16 of the Act. Over a period ranging from July 6, 2011 to January 12, 2012, the Reporting Person's Trust sold 17,611 of these transferred shares in various transactions, all of which were properly and timely reported on previous Form 4's filed by the Reporting Person.
  7. By self as co-trustee and beneficiary of the Tom & Terri Bishop, TTEES Bishop Family Living Trust dated February 24, 1999.