X0202 4 2007-07-03 0 0000929887 APOLLO GROUP INC APOL 0001027964 HERBERGER ROY A JR 4615 EAST ELWOOD STREET PHOENIX AZ 85040 1 0 0 0 Class A Common Stock 2007-07-03 4 A 0 500 0 A 500 D Non-Qualified Stock Option (right to buy) 58.03 2007-07-03 4 A 0 1500 0 A 2017-07-03 Class A Common Stock 1500 1500 D Represents shares of the Issuer's Class A common stock underlying restricted stock units awarded to the Reporting Person. The restricted stock units will vest upon the Reporting Person's continuation of as a member of the Board of Directors through August 31, 2007, subject to accelerated vesting upon certain changes in control or ownership of the Issuer. The shares of Class A common stock will be issued as the restricted stock units vest. The restricted stock units also include dividend equivalent rights which will entitle the Reporting Person to the same dividends as would be received were the shares of Class A common stock underlying the restricted stock units actually outstanding shares. Includes the 500 shares of Class A Common Stock underlying the restricted stock units reported in this Form 4. The option will vest and become exercisable for the underlying shares of Class A common stock upon the Reporting Person's continuation as a member of the Issuer's Board of Directors through August 31, 2007, subject to accelerated vesting in the event of certain changes in control of the Issuer. Roy A. Herberger Jr. 2007-07-05