SEC Form 4 · accession 0001181431-15-002943
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrea Jung
Director
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 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 Stock | Feb 18, 2015 | M | 40,000 | $25.72 | A | 54,595 | D | |
| Common StockF1 | Feb 18, 2015 | S | 40,000 | $128.13 | D | 14,595 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F3,F2 | $25.72 | Feb 18, 2015 | M | 40,000 | D | — | Jan 4, 2018 | Common Stock | 40,000 | 100,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $128.11 to $128.14; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the Registrant, or a security holder of the Registrant.
- F2This option was granted on January 4, 2008 and vested in annual installments over the three-year period after the grant date.
- F3The number of shares reported reflects a 7-for-1 stock split effective June 6, 2014.