SEC Form 4 · accession 0000320193-18-000139
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Kondo
Officer — Principal Accounting Officer
Period of report
Oct 15, 2018
Accepted (ET)
Oct 17, 2018 · 6:30 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 | Oct 15, 2018 | M | 6,800 | — | A | 15,629 | D | |
| Common StockF2 | Oct 15, 2018 | F | 3,281 | $217.36 | D | 12,348 | 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,F3 | — | Oct 15, 2018 | M | 992 | D | — | — | Common Stock | 992 | 0 | D |
| Restricted Stock UnitF1,F4 | — | Oct 15, 2018 | M | 2,144 | D | — | — | Common Stock | 2,144 | 4,288 | D |
| Restricted Stock UnitF1,F5 | — | Oct 15, 2018 | M | 2,072 | D | — | — | Common Stock | 2,072 | 8,288 | D |
| Restricted Stock UnitF1,F6 | — | Oct 15, 2018 | M | 1,592 | D | — | — | Common Stock | 1,592 | 9,555 | 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.
- F2Shares withheld by Apple to satisfy tax withholding requirements on vesting of restricted stock units. No shares were sold.
- F3This award was granted on October 10, 2014. 12.5% of the award vested on April 15, 2015 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2018.
- F4This award was granted on October 5, 2015. 12.5% of the award vested on April 15, 2016 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2019, assuming continued employment through the applicable vesting date.
- F5This award was granted on October 14, 2016. 12.5% of the award vested on April 15, 2017 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2020, assuming continued employment through the applicable vesting date.
- F6This award was granted on October 15, 2017. 12.5% of the award vested on April 15, 2018 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2021, assuming continued employment through the applicable vesting date.