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DEF 14C
APOLLO EDUCATION GROUP INC filed this Form DEF 14C on 12/29/2014
Entire Document
 


GRANTS OF PLAN-BASED AWARDS
Awards granted to our named executive officers during fiscal year 2014 consisted of the following:
Non-equity incentive plan awards - Cash incentive awards are granted annually to our named executive officers under our Executive Officer Performance Incentive Plan. The material terms of the fiscal year 2014 Executive Officer Performance Incentive Plan were approved by the Compensation Committee and are described in the “Annual Variable Cash Bonus Plan” subsection of the Compensation Discussion and Analysis section above. Information concerning the actual cash incentive bonus earned under the plan by each named executive officer is described in the Summary Compensation Information table above.
Equity incentive plan awards - All RSU awards and PSU awards granted to named executive officers in fiscal year 2014 were granted under our 2000 Stock Incentive Plan. The material terms of our equity incentive awards are described in the “Long-Term Incentives” subsection of the Compensation Discussion and Analysis section above.
The following provides information regarding incentive awards granted to named executive officers during fiscal year 2014:
 
 
 
 
 
 
 
 
 
All Other
Stock Awards:
Number of Shares
or Stock Units
(#)
All Other
Option Awards:
Number of Securities
Underlying
Options
(#)
Exercise
or Base
Price of Option Awards
($/Sh)
Grant-Date
Fair Value of
Equity Awards(3)
($)
Name
Grant Date
Approval Date(1)
Potential Payouts Under Non-Equity Incentive Plan Awards
Estimated Future Payouts Under Equity Incentive Plan Awards
Threshold
($)
Target
($)
Maximum
($)
Threshold
(#)
Target
(#)
Maximum
(#)
Gregory W. Cappelli
11/18/13
10/17/13
400,000(2)

800,000(2)

1,600,000(2)








 
10/17/13




(4) 
(4) 



(4) 
 
10/17/13




(4) 
(4) 



(4) 
 
08/12/14
08/11/14




137,997(5)





3,690,040

 
08/12/14
08/11/14







322,356(6)

26.74

3,304,471

Brian L. Swartz
11/18/13
10/17/13
193,125(2)

386,250(2)

772,500(2)








 
08/12/14
08/11/14




50,676(7)





1,355,076

 
08/12/14
08/11/14







94,956(8)

26.74

973,394

J. Mitchell Bowling
11/18/13
10/17/13
201,945(2)

403,890(2)

807,780(2)








 
12/16/13
10/17/13




26,756(9)





690,037

 
12/16/13
10/17/13




77,550(10)





2,000,015

 
08/12/14
08/11/14




38,896(7)





1,040,079

 
12/16/13
10/17/13







31,076(11)

25.79

310,104

 
08/12/14
08/11/14







64,280(8)

26.74

658,934

Sean B.W. Martin
11/18/13
10/17/13
202,500(2)

405,000(2)

810,000(2)








 
08/12/14
08/11/14




37,024(7)





990,022

 
08/12/14
08/11/14




12,345(12)





330,105

 
08/12/14
08/11/14







59,408(8)

26.74

608,991

Peter V. Sperling
11/18/13
10/17/13
350,000(2)

700,000(2)

1,400,000(2)








 
08/12/14
08/11/14




21,132(7)





565,070

 
08/12/14
08/11/14







18,020(8)

26.74

184,723

Curtis M. Uehlein
11/18/13
10/17/13
125,365(2)

250,729(2)

501,458(2)








 
10/17/13




(4) 
(4) 



(4) 
 
10/17/13




(13) 
(13) 



10,094(13)

 
11/25/13
08/05/13




12,465(14)

74,790(14)




331,943

 
11/25/13
08/05/13
(15 
) 
250,000(15)

1,500,000(15)








 
08/12/14
08/11/14






47,872(16)



1,280,097

 
08/12/14
08/11/14







1,948(8)

26.74

19,969


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