X0303 4 2009-07-13 0000929887 APOLLO GROUP INC APOL 0001237503 SPERLING JOHN G 4025 S. RIVERPOINT PKWY PHOENIX AZ 85040 1 1 1 0 Exec Chrmn of the Board Class A Common Stock 2009-07-13 4 M 0 281250 8.3889 A 13402241 D Class A Common Stock 2009-07-13 4 S 0 281250 65.2464 D 13120991 D Class A Common Stock 1678036 I Aurora Foundation Class A Common Stock 1357339 I John Sperling 1994 Irrevocable Trust Class A Common Stock 585974 I John Sperling Revocable Trust Non-Qualified Stock Option (right to buy) 8.3889 2009-07-13 4 M 0 281250 0 D 2010-01-12 Class A Common Stock 281250 0 D Includes (i) 37,500 shares of the Issuer's Class A common stock subject to restricted stock units (RSUs) granted July 3, 2007, (ii) 10,251shares of the Issuer's Class A common stock subject to RSUs granted October 31, 2008, and (iii) 31,852 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2009. The 37,500 shares underlying the July 3, 2007 RSUs will be issued when those units vest in three successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the August 31, 2009, August 31, 2010 and August 31, 2011 vesting dates. The 10,251 shares underlying the October 31, 2008 RSUs will be issued when those units vest (subject to an initial performance-vesting requirement) in three successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the August 31, 2009, August 31, 2010 and August 31, 2011 vesting dates. (footnote continued below) (continued from Note 1 above) The 31,852 shares underlying the July 2, 2009 RSUs will be issued as those units vest (subject to an initial performance-vesting requirement) in four successive equal installments on each of the August 31, 2010, July 2, 2011, July 2, 2012 and July 2, 2013 vesting dates. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer. Represents the weighted average sale price per share. The actual sale prices ranged from a low of $64.97 to a high of $65.39. The Reporting Person will provide upon request by the Securities and Exchange Commission, the Issuer or any security holder of the Issuer full information regarding the number of shares sold at each separate price. By self as trustee of the Aurora Foundation dated May 22, 1997. By self as co-trustee and beneficiary of the John Sperling 1994 Irrevocable Trust dated April 27, 1994. By self as trustee and beneficiary of the John Sperling Revocable Trust dated January 31, 1995. The option vested and became exerciseable in three successive equal installments on each of the August 31, 2000, August 31, 2001 and August 31, 2002 vesting dates. by P. Robert Moya for John G. Sperling 2009-07-14