X0202 4 2005-07-19 0 0000929887 APOLLO GROUP INC APOL 0001237503 SPERLING JOHN G 4615 E ELWOOD ST PHOENIX AZ 85040 1 0 1 0 Class A Common Stock 2005-07-19 4 J 0 165753 0 D 17547796 D Class A Common Stock 2005-07-20 4 J 0 165958 0 D 17381838 D Class A Common Stock 2185886 I Aurora Foundation Class A Common Stock 1357339 I JGS Irrevocable Trust Class A Common Stock 585974 I JGS Revocable Trust Forward Sale Contract 2005-07-19 4 J 0 0 D Class A Common Stock 187500 187500 D Forward Sale Contract 2005-07-20 4 J 0 0 D Class A Common Stock 187500 0 D As disclosed on a Form 4 filed in July 2001, the Reporting Person entered into a forward sale agreement on July 19, 2001 (the "Agreement") for the forward sale of up to 375,000 shares of Class A Common Stock (as adjusted for a stock split). On July 19, 2005, the Reporting Person delivered 165,753 shares of Class A Common Stock as settlement for expiration of the first maturity date under the Agreement. Of the 187,500 shares subject to the first maturity date under the Agreement, the Reporting Person retained 21,747 shares. The transactions are deemed exempt from Section 16(b) of the Securities Exchange Act of 1934. On July 20, 2005, the Reporting Person delivered 165,958 shares of Class A Common Stock as settlement for the expiration of the second maturity date under the Agreement. Of the 187,500 shares subject to the second maturity date under the Agreement, the Reporting Person retained 21,542 shares. The transactions are deemed exempt from Section 16(b) of the Securities Exchange Act of 1934. Please refer to FOOTNOTES 1 and 2 \s\ John G. Sperling 2005-07-21