X0202 4 2006-04-04 0 0000929887 APOLLO GROUP INC APOL 0001237503 SPERLING JOHN G 4615 E ELWOOD ST PHOENIX AZ 85040 1 0 1 1 interim Executive Chairman Class A Common Stock 2006-04-04 4 J 0 249075 0 D 17054468 D Class A Common Stock 2348886 I Aurora Foundation Class A Common Stock 1357339 I JGS Irrevocable Trust Class A Common Stock 585974 I JGS Revocable Trust Forward Sale Contract 0 2006-04-04 4 J 0 0 0 D Class A Common Stock 250000 0 D As disclosed on a Form 4 filed in April 2003, the Reporting Person entered into a forward sale agreement on April 4, 2003 (the "Agreement") for the forward sale of up to 250,000 shares of Class A Common Stock. On April 4, 2006, the Reporting Person delivered 249,075 shares of Class A Common Stock as settlement for expiration of the Agreement. Of the 250,000 shares subject to delivery under the Agreement, the Reporting Person retained 925 shares. The transaction is deemed exempt from Section 16(b) of the Securities Exchange Act of 1934. 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 G. Sperling Revocable Trust dated January 31, 1995. /s/ John G. Sperling 2006-04-06