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SEC Filings

DEF 14C
APOLLO EDUCATION GROUP INC filed this Form DEF 14C on 12/27/2013
Entire Document
 


 
 
Option Awards
 
Stock Awards
Name
 
Number of
Securities
Underlying Unexercised
Options
Exercisable (#)
 
Number of Securities Underlying Unexercised Options Unexercisable (#)(1)
 
Option Exercise Price
($)
 
Option
Expiration
Date
 
Number of Shares or Units of Stock That Have Not Vested (#)(1)
 
Market Value of Shares or Units of Stock That Have Not Vested ($)(2)
 
Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (1)
 
Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)(2)
Terri C. Bishop
 
2,000
 
 
71.21
 
11/1/15
 
 
 
 
 
 
52,500
 
 
51.33
 
6/23/16
 
 
 
 
 
 
1,250
 
 
71.23
 
8/6/14
 
 
 
 
 
 
15,243
 
 
69.51
 
10/31/14
 
 
 
 
 
 
21,160
 
 
67.90
 
7/1/15
 
 
 
 
 
 
4,368
 
4,368(13)
 
47.47
 
7/5/17
 
 
 
 
 
 
140
 
420(14)
 
36.34
 
7/1/18
 
 
 
 
 
 
 
17,436(15)
 
20.06
 
8/12/19
 
 
 
 
 
 
 
 
 
 
4,732(16)
 
87,873
 
 
 
 
 
 
 
 
5,674(17)
 
105,366
 
 
 
 
 
 
 
 
5,610(18)
 
104,178
 
 
 
 
 
 
 
 
11,826(20)
 
219,609
 
 
 
 
 
 
 
 
25,676(21)
 
476,803
 
 
 
 
 
 
 
 
 
 
2,766(23)
 
51,365
 
 
 
 
 
 
 
 
1,983(25)
 
36,824
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dr. John G. Sperling
 
 
 
 
 
 
 
10,116(22)(29)
 
187,854
 
 
 
 
 
 
 
 
6,935(23)(30)
 
128,783
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Joseph L. D’Amico
 
29,116
 
 
67.90
 
7/1/2015
 
 
 
 
 
 
75,033
 
25,011(31)
 
42.27
 
7/5/2016
 
 
 
 
 
 
25,402
 
25,402(32)
 
47.47
 
7/5/2017
 
 
 
 
 
 
12,192
 
36,576(33)
 
36.34
 
7/1/2018
 
 
 
 
 
 
 
 
 
 
10,055(34)
 
186,271
 
 
 
 
 
 
 
 
22,330(35)
 
414,668
 
 
 
 
 
 
 
 
45,201(36)
 
839,383
 
 
 
 
 
 
 
 
 
 
14,196(22)
 
263,620
 
 
 
 
 
 
 
 
17,382(23)
 
322,784
 
 
 
 
 
 
 
 
2,370(24)
 
44,011
 
 
 
 
 
 
 
 
30,546(25)
 
567,239
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
The unvested portion of each outstanding stock option, restricted stock unit award and performance share unit award will fully vest on an accelerated basis upon certain changes in control or ownership of the Company. In such event, the performance share units will be converted into actual shares of the Company’s Class A Common Stock at a conversion rate of not less than 100%. In addition, Mr. Cappelli and Mr. D’Amico are entitled to special service-vesting credits (including, for Mr. D’Amico, post-employment service-vesting continuation) with respect to their awards in accordance with the terms of their respective employment agreements with the Company. For further information concerning those special service-vesting features, please see the section below entitled “Agreements Regarding Employment, Change of Control and Termination of Employment.”
(2)
Based on the $18.57 closing selling price per share of the Company’s Class A Common Stock on August 31, 2013.
(3)
These particular options were awarded on April 13, 2011, and will vest in two successive equal annual installments on April 13, 2014 and April 13, 2015, respectively, upon Mr. Cappelli’s continuation in the Company’s employ through each such annual vesting date, subject to accelerated vesting upon certain changes in ownership or control of the Company. In addition, Mr. Cappelli will be entitled to a 12-month service-vesting credit in the event his employment should terminate under certain specified circumstances during the service-vesting period.

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