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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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(18) These options were awarded on August 13, 2013 and will vest 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.
(19) These options were awarded on August 12, 2014 and will vest in a series of four successive equal annual installments on August 12, 2015, 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.
(20) These options were awarded on December 16, 2013 and will vest in a series of four successive equal annual installments on December 16, 2014, December 16, 2015, December 16, 2016 and December 16, 2017, respectively, upon the named executive officer’s continued employment with the Company through each such annual vesting date.
(21) These RSUs were awarded on December 16, 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 December 16, 2015, December 16, 2016 and December 16, 2017, respectively, upon the named executive officer’s continued employment with the Company through each such annual vesting date.
(22) These RSUs were awarded on December 16, 2013 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 December 16, 2015 and December 16, 2016, respectively, upon the named executive officer’s continued employment with the Company through each such annual vesting date.
(23) These RSUs were awarded on October 15, 2010 and will vest and the underlying shares of our Class A Common Stock will be issued on October 15, 2014 upon the named executive officer’s continued employment with the Company through such vesting date.
(24) These options were awarded on October 15, 2010 and will vest on October 15, 2014 upon the named executive officer’s continued employment with the Company through such vesting date.
(25) These RSUs were awarded on August 12, 2014 and have both performance-vesting and service-vesting conditions. Should the performance goal be attained, 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 31, 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.
(26) 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 two successive equal annual installments on August 13, 2015 and August 13, 2016, respectively, upon the named executive officer’s continued employment with the Company through each such annual vesting date.
(27) These RSUs were awarded on May 15, 2011 and will vest and the underlying shares of our Class A Common Stock will be issued on May 15, 2015 upon the named executive officer’s continued employment with the Company through such vesting date.
(28) These PSUs were awarded on October 25, 2012 and have both performance-vesting and service-vesting conditions. The performance-vesting condition is tied to the amount by which the adjusted operating free cash flow realized by Apollo Global for the measurement period coincident with fiscal year 2015 exceeds the level of the adjusted operating free cash flow realized by Apollo Global for the base period coincident with fiscal year 2012. For both the base period and the applicable measurement period, Apollo Global’s cash flow from operations will be determined on a consolidated basis with its consolidated subsidiaries for financial reporting purposes. However, the cash flow from operations realized for the base period and the relevant measurement period will be subject to certain adjustments authorized by the Compensation Committee, and the resulting amount will constitute the adjusted operating free cash flow for the applicable period. 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 600% 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.
(29) 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 two successive equal annual installments on August 13, 2015 and August 13, 2016, respectively, upon the named executive officer’s continued employment with the Company through each such annual vesting date.
(30) These PSUs were awarded on November 25, 2013 and have both performance-vesting and service-vesting requirements. The performance-vesting requirement is tied to the amount by which the adjusted operating free cash flow realized by Apollo Global for the measurement period coincident with fiscal year 2016 exceeds the level of the adjusted operating free cash flow realized by Apollo Global for the base period coincident with fiscal year 2013. For both the base period and the applicable measurement period, Apollo Global’s cash flow from operations will be determined on a consolidated basis with its consolidated subsidiaries for financial reporting purposes. However, the cash flow from operations realized for the base period

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