Statement of Changes in Beneficial Ownership (4)
October 18 2016 - 3:37PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Martin Sean
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2. Issuer Name
and
Ticker or Trading Symbol
APOLLO EDUCATION GROUP INC
[
APOL
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
SVP, General Counsel
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(Last)
(First)
(Middle)
4025 S. RIVERPOINT PKWY
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3. Date of Earliest Transaction
(MM/DD/YYYY)
10/14/2016
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(Street)
PHOENIX, AZ 85040
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Class A Common Stock
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10/14/2016
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F
(1)
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40191
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D
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$8.46
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354426
(2)
(3)
(4)
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D
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Class A Common Stock
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10/14/2016
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G
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67225
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D
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$0
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287201
(2)
(3)
(4)
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D
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Class A Common Stock
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10/14/2016
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G
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67225
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A
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$0
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129115
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I
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Martin Family Trust U/A Dtd 1/21/10
(5)
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Explanation of Responses:
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(
1)
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Represents shares of the Issuer's Class A common stock withheld to satisfy the Issuer's tax withholding obligation upon the vesting of restricted stock units ("RSUs") and the issuance of the underlying shares of the Issuer's Class A common stock.
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(
2)
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Includes (i) 183,404 shares of the Issuer's Class A common subject to RSUs granted November 16, 2015, (ii) 47,142 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2015, (iii) 21,490 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2015, (iv) 18,512 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2014, (v) 4,938 shares of the Issuer's Class A common stock subject to RSUs granted August 12, 2014, and (vi) 11,715 shares of the Issuer's Class A common stock subject to RSUs granted August 13, 2013. (footnote continued below)
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(
3)
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(continued from footnote 2 above) The 183,404 shares listed in (i) 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 November 15, 2017 and November 15, 2018 vesting dates. The 47,142 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, 2017, August 12, 2018 and August 12, 2019 vesting dates. (footnote continued below)
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(
4)
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(continued from footnote 3 above) The 21,490 shares listed in (iii) above and the 18,512 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 12, 2017 and August 12, 2018 vesting dates. The 21,490 shares listed in (iii) above are also subject to accelerated vesting upon an involuntary termination of the Reporting Person's service without cause. The 4,938 shares listed in (v) above will be issued when those units vest upon the Reporting Person's continuation in service through the August 12, 2017 vesting date. The 11,715 shares listed in (vi) above will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through the August 13, 2017 vesting date. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer.
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(
5)
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By self as co-trustee and beneficiary of the Martin Family Trust U/A dated January 21, 2010.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Martin Sean
4025 S. RIVERPOINT PKWY
PHOENIX, AZ 85040
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SVP, General Counsel
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Signatures
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By Gregory J. Iverson for Sean Martin
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10/17/2016
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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