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SEC Filings

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


OPTION EXERCISES AND STOCK VESTED
The following table provides certain summary information concerning the exercise of stock options and the vesting of stock awards with respect to the named executive officers during the 2013 fiscal year. The shares of the Company’s Class A Common Stock underlying certain stock awards that vested on August 31, 2013 were not issued to the named executive officers until October 17, 2013 following the Compensation Committee’s certification of the attainment of the applicable performance goal tied to the Company’s adjusted net income, after tax expense, for the 2013 fiscal year.
 
 
Option Awards
 
Stock Awards
Name
 
Number of
Shares Acquired on Exercise (#)
 
Value Realized on Exercise
($)(1)
 
Number of Shares Acquired on Vesting (#)
 
Value Realized on Vesting
($)(2)
Gregory W. Cappelli
 
 
 
112,598
 
2,093,918
Brian L. Swartz
 
 
 
27,212
 
604,400
Sean B.W. Martin
 
 
 
13,989
 
304,193
Peter V. Sperling
 
 
 
7,545
 
150,323
Terri C. Bishop
 
 
 
19,328
 
424,643
Dr. John G. Sperling
 
 
 
 
Joseph L. D’Amico
 
 
 
39,279
 
752,696
(1)
Value realized is determined by multiplying (i) the amount by which the market price of the Company’s Class A Common Stock on the date of exercise exceeded the exercise price by (ii) the number of shares of Class A Common Stock for which the options were exercised.
(2)
Value realized is determined by multiplying (i) the closing market price of the Company’s Class A Common Stock on the vesting date by (ii) the number of shares of Class A Common Stock that vested on that date.

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