Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Zelter James C
   2. Issuer Name and Ticker or Trading Symbol
Apollo Global Management LLC [APO] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Managing Dir.- Capital Markets
(Last)
(First)
(Middle)
C/O APOLLO GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 43RD FLOOR		 3. Date of Earliest Transaction (Month/Day/Year)
05/14/2013
(Street)

NEW YORK, NY 10019		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Shares 05/14/2013   M   114,211 A (1) 417,292 (2) D  
Class A Shares 05/14/2013   M   65,933 A (1) 65,933 I See Footnote (3)
Class A Shares 05/15/2013   S   114,211 D $ 24.375 303,081 (2) D  
Class A Shares 05/15/2013   S   65,933 D $ 24.375 0 I See Footnote (3)
Class A Shares 05/15/2013   S   173,602 D $ 24.375 240,647 I See Footnote (4)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Apollo Operating Group units (1) 05/14/2013   M     114,211   (5)   (6) Class A Shares 114,211 (7) 0 D  
Apollo Operating Group units (1) 05/14/2013   M     65,933   (5)   (6) Class A Shares 65,933 (7) 0 I See Footnote (3)
Apollo Operating Group units (1)               (8)   (6) Class A Shares (1)   2,221,776 I See Foonote (9)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Zelter James C
C/O APOLLO GLOBAL MANAGEMENT, LLC
9 WEST 57TH STREET, 43RD FLOOR
NEW YORK, NY 10019		       Managing Dir.- Capital Markets  

Signatures

 /s/ James C. Zelter   05/16/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each Apollo Operating Group ("AOG") unit represents a right to receive one Class A share, subject to the restrictions and provisions set forth in the reporting person's Roll-Up Agreement dated July 13, 2007, by and among the reporting person, Apollo Global Management, LLC (the "Issuer"), AP Professional Holdings, L.P., and the other parties thereto, and the Exchange Agreement, dated July 13, 2007, by and among the Issuer, AP Professional Holdings, L.P. and the other parties thereto, as amended and restated on May 6, 2013.
(2) 303,081 shares represent restricted share units ("RSUs") granted under the Apollo Global Management, LLC 2007 Omnibus Equity Incentive Plan. Each RSU represents the contingent right to receive, in accordance with the issuance schedule set forth in the applicable RSU award agreement, one Class A share for each vested RSU. The RSUs vest in installments in accordance with the terms of the applicable RSU award agreement, provided the reporting person remains in service through the applicable vesting date.
(3) By The James and Vivian Zelter GST Exempt Family Trust, for which investment control is exercised by Mr. Zelter.
(4) By Zelter APO Series LLC, a vehicle over which Mr. Zelter exercises voting and investment control.
(5) These AOG units had vested in equal monthly installments of 33,360 units.
(6) Not applicable.
(7) Pursuant to instruction 4(c)(iii), this response has been left blank.
(8) Subject to accelerated vesting in certain circumstances as set forth in the reporting person's Roll-Up Agreement described in footnote (1) above, the AOG units vest in equal monthly installments of 33,360 units through June 30, 2013. Of the remaining units, 66,720 units have not vested as of the date hereof.
(9) By AP Professional Holdings, L.P. The reporting person is a limited partner in AP Professional Holdings, L.P., the direct holder of the AOG units. The AOG units indirectly held by the reporting person are the number of AOG units that he has a right to receive as a limited partner in AP Professional Holdings, L.P., subject to the restrictions and provisions set forth in the Roll-Up Agreement and the Exchange Agreement described in footnote (1) above.

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