SEC Form 4 · accession 0000320193-18-000147
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Katherine L. Adams
Officer — SVP, GC and Secretary
Period of report
Nov 13, 2018
Accepted (ET)
Nov 15, 2018 · 6:31 pm EST
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 | Nov 13, 2018 | M | 14,371 | — | A | 22,535 | D | |
| Common StockF3 | Nov 13, 2018 | F | 7,019 | $192.23 | D | 15,516 | 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 | — | Nov 13, 2018 | M | 14,371 | D | — | — | Common Stock | 14,371 | 28,740 | 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 July 31, 2018 of 149 shares of Apple Inc.'s common stock pursuant to the Apple Inc. Amended Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of February 1, 2018 through July 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 November 13, 2017. 14,371 restricted stock units subject to the award vested on each of May 13, 2018 and November 13, 2018 and 14,370 restricted stock units are scheduled to vest on each of November 13, 2019 and November 13, 2020, assuming continued employment through the applicable vesting date.