APOLLO GROUP INC 4
4 · APOLLO GROUP INC · Filed Oct 22, 2003
Insider Transaction Report
Form 4
APOLLO GROUP INCAPOL
GONZALES KENDA B
Chief Financial Officer
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2003-10-20$60.90/sh+50,000$3,045,000→ 50,000 totalExercise: $60.90From: 2004-08-31Exp: 2013-10-20→ Class A Common Stock (50,000 underlying)
Footnotes (1)
- [F1]25% of the shares covered by this option shall vest on each of the following dates: 8/31/04, 8/31/05, 8/31/06 and 8/31/07. The vesting shall accelerate if certain operational goals are achieved.