Filing Details

Accession Number:
0001209191-11-038403
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-06 17:03:55
Reporting Period:
2011-07-01
Filing Date:
2011-07-06
Accepted Time:
2011-07-06 17:03:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
929887 Apollo Group Inc APOL Services-Educational Services (8200) 860419443
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1213138 V Peter Sperling 4025 S. Riverpoint Pkwy
Phoenix AZ 85040
Vice Chrmn Of The Board 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 2011-07-01 10,000 $45.80 3,520,587 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 1,000,000 Indirect John Sperling 1994 Irrevocable Trust
Class A Common Stock 551,156 Indirect Peter V. Sperling Revocable Trust
Footnotes
  1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 28, 2010.
  2. Represents the weighted average sale price per share. The actual sale prices ranged from a low of $45.62 to a high of $46.10. 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.
  3. Includes (i) 3,288 shares of the Issuer's Class A common stock subject to restricted stock units ("RSUs") granted July 6, 2010, (ii) 1,824 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2009 and (iii) 1,326 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2009. The 3,288 shares underlying the July 6, 2010 RSUs will be issued as 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, 2011, July 6, 2012, July 6, 2013, and July 6, 2014 vesting dates. The 1,824 shares underlying the July 2, 2009 RSUs will be issued when those units vest in three successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the July 2, 2011, July 2, 2012, and July 2, 2013 vesting dates. (footnote continued below)
  4. (continued from footnote 3 above). The 1,326 shares underlying the July 2, 2009 RSUs will be issued as those units vest upon the Reporting Person's continuation in service with the Issuer through August 31, 2011. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer. Does not include the performance share award made to the Reporting Person on July 6, 2010 for 1,161 target shares of the Issuer's Class A common stock that will not actually convert into any such shares unless the applicable performance goal is attained at threshold level or above.
  5. By self as co-trustee and beneficiary of the John Sperling 1994 Irrevocable Trust dated April 27, 1994.
  6. By self as trustee and beneficiary of the Peter V. Sperling Revocable Trust dated January 31, 1995.