SEC Form 4 · accession 0000320193-19-000030
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deirdre O'Brien
Officer — Senior Vice President
Period of report
Feb 5, 2019
Accepted (ET)
Feb 7, 2019 · 6:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000320193
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | — | Feb 5, 2019 | A | 23,922 | A | — | — | Common Stock | 23,922 | 23,922 | D |
| Restricted Stock UnitF1,F3 | — | Feb 5, 2019 | A | 23,922 | A | — | — | Common Stock | 23,922 | 23,922 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F2These restricted stock units are scheduled to vest as to one-third of the units on each of August 5, 2021, August 5, 2022 and August 5, 2023, assuming continued employment through the applicable vesting date.
- F3Vesting of these restricted stock units depends on Apple's relative total shareholder return from the date of grant of the award and ending with the last day of Apple's fiscal 2021. The "target" number of restricted stock units is reported. Between 0% and 200% of the target number of units may vest on October 1, 2021, with the vesting percentage determined based on actual performance.