Filing Details

Accession Number:
0001209191-11-012146
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-23 18:22:43
Reporting Period:
2011-02-18
Filing Date:
2011-02-23
Accepted Time:
2011-02-23 18:22:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
929887 Apollo Group Inc APOL Services-Educational Services (8200) 860419443
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1237503 G John Sperling 4025 S. Riverpoint Pkwy
Phoenix AZ 85040
Exec Chrmn Of The Board Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2011-02-18 70,000 $30.77 11,867,886 No 4 M Indirect John Sperling Revocable Trust
Class A Common Stock Disposition 2011-02-18 70,000 $45.20 11,797,886 No 4 S Indirect John Sperling Revocable Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect John Sperling Revocable Trust
No 4 S Indirect John Sperling Revocable Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Non-Qualified Stock Option (right to buy) Disposition 2011-02-18 70,000 $0.00 70,000 $30.77
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
155,000 2011-09-21 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 1,257,339 Indirect John Sperling 1994 Irrevocable Trust
Class A Common Stock 85,772 Direct
Class A Common Stock 1,503,036 Indirect Aurora Foundation
Footnotes
  1. The reported transaction was effected by the John Sperling Revocable Trust.
  2. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the John Sperling Revocable Trust, of which the Reporting Person is trustee and beneficiary, on October 28, 2010.
  3. Represents the weighted average sale price per share. The actual sale prices ranged from a low of $45.00 to a high of $45.49. 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.
  4. By self as trustee and beneficiary of the John Sperling Revocable Trust dated November 26, 2007.
  5. By self as co-trustee and beneficiary of the John Sperling 1994 Irrevocable Trust dated April 27, 1994.
  6. Includes (i) 42,996 shares of the Issuer's Class A common stock subject to restricted stock units (RSUs) granted July 6, 2010, (ii) 23,889 shares of the Issuer's Class A common stock subject to RSUs granted July 2, 2009, (iii) 12,500 shares of the Issuer's Class A common stock subject to RSUs granted July 3, 2007 and (iv) 3,417 shares of the Issuer's Class A common stock subject to RSUs granted October 31, 2008. The 42,996 shares underlying the July 6,2010 RSUs will be issued when those units vest (subject to an initial performance-vesting requirement) in four successive equal installments upon the Reporting Person's continuation in service with the Issuer through each of the August 31, 2011, July 6, 2012, July 6, 2013, and July 6, 2014 vesting dates. The 23,889 shares underlying the July 2, 2009 RSUs will be issued when those units vest in three successive equal installments upon the Reporting Person's continuation in service with the Issuer (footnote continued below)
  7. (continued from footnote 6 above) through each of the July 2, 2011, July 2, 2012, and July 2, 2013 vesting dates. The 12,500 shares underlying the July 3, 2007 RSUs will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through August 31, 2011. The 3,417 shares underlying the October 31, 2008 RSUs will be issued when those units vest upon the Reporting Person's continuation in service with the Issuer through August 31, 2011. All of the RSUs are subject to accelerated vesting upon certain changes in ownership or control of the Issuer. Does not include the performance share award made to the Reporting Person on July 6, 2010 for 15,174 target shares of the Issuer's Class A common stock that will not actually convert into any such shares unless the applicable performance goal is attained at threshold level or above.
  8. By self as trustee of the Aurora Foundation dated May 22, 1997.
  9. The option vested and became fully exerciseable on August 31, 2003.