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SEC Filings

DEF 14C
APOLLO EDUCATION GROUP INC filed this Form DEF 14C on 12/29/2014
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(4) These RSUs were awarded on April 13, 2011 and will vest and the underlying shares of our Class A Common Stock will be issued on April 13, 2015 upon the named executive officer’s continued employment with the Company through such vesting date.
(5) These RSUs were awarded on August 12, 2014 and have both performance-vesting and service-vesting conditions. Should the performance goal be attained, then one-third of the RSUs will vest and the underlying shares of our Class A Common Stock will be issued upon the named executive officer’s continued employment with the Company through August 12, 2015. The remaining RSUs will vest and the underlying shares of our Class A Common Stock will be issued in a series of two successive equal annual installments on August 12, 2016 and August 12, 2017, respectively, upon the named executive officer’s continued employment with the Company through each such annual vesting date.
(6) These options were awarded on July 6, 2011 and will vest on April 13, 2015 upon the named executive officer’s continued employment with the Company through such vesting date.
(7) These RSUs were awarded on July 6, 2011 and will vest and the underlying shares of our Class A Common Stock will be issued on April 13, 2015 upon the named executive officer’s continued employment with the Company through such vesting date.
(8) These options were awarded on March 14, 2013 and will vest on February 12, 2015 upon the named executive officer’s continued employment with the Company through such vesting date.
(9) These options were awarded on August 12, 2014 and will vest in a series of three successive equal annual installments on August 12, 2015, August 12, 2016 and August 12, 2017, respectively, upon the named executive officer’s continued employment with the Company through each such annual vesting date.
(10) These RSUs were awarded on July 6, 2011 and will vest and the underlying shares of our Class A Common Stock will be issued on July 6, 2015 upon the named executive officer’s continued employment with the Company through such vesting date.
(11) These PSUs were awarded on July 2, 2012 and have both performance-vesting and service-vesting requirements. The performance-vesting requirement for 75% of the PSUs is tied to the amount by which our adjusted free cash flow realized for fiscal year 2015 exceeds our adjusted free cash flow for the base period coincident with fiscal year 2012. The performance-vesting requirement for the remaining 25% of the PSUs is tied to the amount by which our net revenue for the measurement period coincident with fiscal year 2015 fiscal year differs (in terms of the dollar amount of the positive increase or the negative decline) from our net revenue for the base period coincident with fiscal year 2012. Based on the attained performance level, the PSUs will be converted into actual shares of our Class A Common Stock by multiplying the number of PSUs subject to the award by the applicable conversion percentage that will range from 0% for non-attainment to 100% at target level attainment and up to 300% at maximum level attainment or above. The named executive officer will vest in one-third of the shares of our Class A Common Stock into which the PSUs are so converted for each fiscal year within the specified service period (our 2013, 2014, and 2015 fiscal years) that the named executive officer remains employed by the Company.
(12) These RSUs were awarded on July 2, 2012 and will vest and the underlying shares of our Class A Common Stock will be issued on July 2, 2015 upon the named executive officer’s continued employment with the Company through such vesting date.
(13) These RSUs were awarded on August 12, 2014 and have both performance-vesting and service-vesting conditions. Should the performance goal be attained, 25% of the RSUs will vest and the underlying shares of our Class A Common Stock will be issued upon the named executive officer’s continued employment with the Company through August 31, 2015. The remaining RSUs will vest and the underlying shares of our Class A Common Stock will be issued in a series of three successive equal annual installments on August 12, 2016, August 12, 2017, and August 12, 2018, respectively, upon the named executive officer’s continued employment with the Company through each such annual vesting date.
(14) These RSUs were awarded on July 2, 2012 and will vest and the underlying shares of our Class A Common Stock will be issued in a series of two successive equal annual installments on July 2, 2015 and July 2, 2016, respectively, upon the named executive officer’s continued employment with the Company through each such annual vesting date.
(15) These options were awarded on July 6, 2011 and will vest on July 6, 2015 upon the named executive officer’s continued employment with the Company through such vesting date.
(16) These RSUs were awarded on August 13, 2013 and will vest and the underlying shares of our Class A Common Stock will be issued in a series of three successive equal annual installments on August 13, 2015, August 13, 2016, and August 13, 2017, respectively, upon the named executive officer’s continued employment with the Company through each such annual vesting date.
(17) These options were awarded on July 2, 2012 and will vest in a series of two successive equal annual installments on July 2, 2015 and July 2, 2016, respectively, upon the named executive officer’s continued employment with the Company through each such annual vesting date.


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