Apollo Education Group logo

SEC Filings

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


DIRECTOR COMPENSATION
The following table sets forth certain information regarding the compensation of each individual who served as a member of our Board of Directors during the 2013 fiscal year for services rendered in such capacity during that year. Board members who are also employees of the Company but who do not receive any additional compensation for their Board service are not included in the table.
Name
 
Fees Earned or
Paid in Cash
($)(1)
 
Stock Awards
($)(2)
 
Option  Awards
($)(3)
 
Total ($)
Matthew Carter, Jr.
 
59,583
 
343,351
 
19,999
 
422,933
Richard H. Dozer
 
93,000
 
210,008
 
 
303,008
Dr. Roy A. Herberger, Jr.
 
160,250
 
210,008
 
 
370,258
Dr. Ann Kirschner
 
94,750
 
210,008
 
 
304,758
Robert S. Murley
 
148,056
 
210,008
 
 
358,064
K. Sue Redman*
 
44,959
 
 
 
44,959
Manuel F. Rivelo
 
109,250
 
210,008
 
 
319,258
Darby E. Shupp
 
65,000
 
210,008
 
 
275,008(4)
Margaret Spellings*
 
91,750
 
 
 
91,750
Allen R. Weiss
 
86,000
 
210,008
 
 
296,008
George A. Zimmer*
 
44,459
 
 
 
44,459
*
Ms. Redman ceased Board service on January 8, 2013 when she decided not to stand for re-election at the January 8, 2013 meeting of the Company’s Class B shareholders. Ms. Spellings resigned from the Board effective August 31, 2013. Mr. Zimmer resigned from the Board effective March 21, 2013.
(1)
The amounts set forth in this column represent fees earned by each Board member during fiscal year 2013 for service in such capacity and as a member of one or more Board committees, regardless of whether the fees were actually paid during the fiscal year. The aggregate amount reported for each Board member is comprised of the following categories of payments, and no other cash compensation was paid to those Board members for the 2013 fiscal year.
Name
 
Annual
Retainer 
($)
 
Committee
Meeting Fees
($)
 
Committee
Chairperson -
Additional
Retainer
($)
 
Total
($)
Matthew Carter, Jr.
 
46,583
 
13,000
 
 
59,583
Richard H. Dozer
 
65,000
 
28,000
 
 
93,000
Dr. Roy A. Herberger, Jr.
 
65,000
 
31,250
 
64,000
 
160,250
Dr. Ann Kirschner
 
65,000
 
29,750
 
 
94,750
Robert S. Murley
 
65,000
 
36,500
 
46,556
 
148,056
K. Sue Redman
 
23,292
 
14,500
 
7,167
 
44,959
Manuel F. Rivelo
 
65,000
 
44,250
 
 
109,250
Darby E. Shupp
 
65,000
 
 
 
65,000
Margaret Spellings
 
65,000
 
26,750
 
 
91,750
Allen R. Weiss
 
65,000
 
21,000
 
 
86,000
George A. Zimmer
 
36,209
 
8,250
 
 
44,459


62