SEC Form 4 · accession 0001181431-15-006536
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Angela J Ahrendts
Officer — Senior Vice President
Period of report
May 1, 2015
Accepted (ET)
May 5, 2015 · 7:31 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 | May 1, 2015 | M | 159,549 | — | A | 215,080 | D | |
| Common StockF2 | May 1, 2015 | F | 82,141 | $128.95 | D | 132,939 | D | |
| Common StockF3,F4 | May 4, 2015 | S | 10,494 | $128.84 | D | 122,445 | D | |
| Common StockF3,F5 | May 4, 2015 | S | 13,206 | $129.84 | D | 109,239 | D | |
| Common StockF3,F6 | May 4, 2015 | S | 1,300 | $130.38 | D | 107,939 | D | |
| Common StockF3,F7 | May 5, 2015 | S | 8,190 | $126.36 | D | 99,749 | D | |
| Common StockF3,F8 | May 5, 2015 | S | 3,707 | $127.14 | D | 96,042 | D | |
| Common StockF3,F9 | May 5, 2015 | S | 1,000 | $128.09 | D | 95,042 | 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,F10 | — | May 1, 2015 | M | 78,111 | D | — | — | Common Stock | 78,111 | 156,221 | D |
| Restricted Stock UnitF1,F11 | — | May 1, 2015 | M | 81,438 | D | — | — | Common Stock | 81,438 | 0 | 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.
- F10This award was granted on May 1, 2014. One-third of the restricted stock units subject to the award vested on May 1, 2015, and one-third of the restricted stock units are scheduled to vest on each of May 1, 2016 and May 1, 2017.
- F11This award was granted on May 1, 2014. Vesting of these restricted stock units depended on Apple Inc.'s relative total shareholder return from May 1, 2014 through and including April 30, 2015. 200% of the target number of units vested on May 1, 2015 based on actual performance.
- F2Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units.
- F3This transaction was made pursuant to a Rule10b5-1 trading plan adopted by the reporting person on November 21, 2014.
- F4This transaction was executed in multiple trades at prices ranging from $128.29 to $129.27; 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.
- F5This transaction was executed in multiple trades at prices ranging from $129.29 to $130.28; 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.
- F6This transaction was executed in multiple trades at prices ranging from $130.30 to $130.47; 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.
- F7This transaction was executed in multiple trades at prices ranging from $125.88 to $126.86; 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.
- F8This transaction was executed in multiple trades at prices ranging from $126.88 to $127.83; 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.
- F9This transaction was executed in multiple trades at prices ranging from $127.88 to $128.32; 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.