Filing Details

Accession Number:
0000929887-15-000149
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-10-28 21:30:14
Reporting Period:
2015-10-23
Filing Date:
2015-10-28
Accepted Time:
2015-10-28 21:30:14
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
1213138 V Peter Sperling 4025 S. Riverpoint Pkwy
Phoenix AZ 85040
Chairman 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 2015-10-23 1,379,239 $7.28 1,355,673 No 4 S Direct
Class A Common Stock Disposition 2015-10-26 1,262,799 $7.15 92,874 No 4 S Direct
Class A Common Stock Disposition 2015-10-26 551,156 $7.15 0 No 4 S Indirect Peter V. Sperling Revocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Indirect Peter V. Sperling Revocable Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 800,000 Indirect John Sperling 1994 Irrevocable Trust
Footnotes
  1. Involuntary sale pursuant to foreclosure by secured lender.
  2. Represents the weighted average sale price per share. The actual sale prices ranged from a low of $7.24 to a high of $7.52. 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) 47,544 shares of the Issuer's Class A common stock subject to restricted stock units ("RSUs") granted August 12, 2015, (ii) 15,849 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2014, (iii) 13,460 shares of the Issuer's Class A common stock subject to RSUs granted August 13, 2013, (iv) 2,628 shares of the Issuer's Class A common stock subject to RSUs granted May 1, 2013, and (v) 2,081 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2012. The 47,544 shares listed in (i) above will 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; these shares have been deferred and will be issued in one lump sum on January 1, 2024. (footnote continued below)
  4. (continued from footnote 3 above) The 15,849 shares listed in (ii) 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 13,460 shares listed in (iii) 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 2,628 shares listed in (iv) 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. (footnote continued below)
  5. (continued from footnote 4 above) The 2,081 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.
  6. Represents the weighted average sale price per share. The actual sale prices ranged from a low of $7.04 to a high of $7.33. 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.
  7. By self as trustee and beneficiary of the Peter V. Sperling Revocable Trust dated January 31, 1995.
  8. By self as co-trustee and beneficiary of the John Sperling 1994 Irrevocable Trust dated April 27, 1994.