SEC Form 4 · accession 0000320193-18-000051
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luca Maestri
Officer — Senior Vice President, CFO
Period of report
Apr 1, 2018
Accepted (ET)
Apr 3, 2018 · 6:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000320193
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 1, 2018 | M | 77,062 | — | A | 140,437 | D | |
| Common StockF3 | Apr 1, 2018 | F | 37,940 | $167.78 | D | 102,497 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F4 | — | Apr 1, 2018 | M | 40,954 | D | — | — | Common Stock | 40,954 | 40,954 | D |
| Restricted Stock UnitF1,F5 | — | Apr 1, 2018 | M | 36,108 | D | — | — | Common Stock | 36,108 | 72,215 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
- F2The number of securities reported reflects the acquisition on January 31, 2018 of 167 shares of Apple Inc.'s common stock pursuant to the Apple Inc. Amended Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of August 1, 2017 through January 31, 2018.
- F3Shares withheld by Apple to satisfy tax withholding requirements on vesting of restricted stock units. No shares were sold.
- F4This award was granted on October 17, 2014. 40,955 restricted stock units subject to the award vested on April 1, 2017, 40,954 restricted stock units vested on April 1, 2018, and 40,954 restricted stock units are scheduled to vest on April 1, 2019, assuming continued employment through the applicable vesting date.
- F5This award was granted on October 5, 2015. 36,108 restricted stock units subject to the award vested on April 1, 2018, 36,108 restricted stock units are scheduled to vest on April 1, 2019, and 36,107 restricted stock units are scheduled to vest on April 1, 2020, assuming continued employment through the applicable vesting date.