SEC Form 4 · accession 0001181431-15-008793
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
Jul 18, 2015
Accepted (ET)
Jul 21, 2015 · 8:33 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 | Jul 18, 2015 | M | 91,959 | — | A | 187,001 | D | |
| Common StockF2 | Jul 18, 2015 | F | 47,170 | $129.62 | D | 139,831 | D | |
| Common StockF3,F4 | Jul 20, 2015 | S | 8,886 | $131.46 | D | 130,945 | D | |
| Common StockF3,F5 | Jul 20, 2015 | S | 15,410 | $132.22 | D | 115,535 | D | |
| Common StockF3,F6 | Jul 20, 2015 | S | 704 | $132.86 | D | 114,831 | D | |
| Common StockF3,F7 | Jul 21, 2015 | S | 16,189 | $131.03 | D | 98,642 | D | |
| Common StockF3,F8 | Jul 21, 2015 | S | 3,000 | $131.69 | D | 95,642 | D | |
| Common StockF3,F9 | Jul 21, 2015 | S | 600 | $132.76 | 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 | — | Jul 18, 2015 | M | 91,959 | D | — | — | Common Stock | 91,959 | 91,952 | 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 for a total of 437,885 restricted stock units. 26% of the award vested on June 1, 2014, 32% on April 1, 2015, and 21% on July 18, 2015 and the remaining restricted stock units vest 15% on June 14, 2016; 3% on June 14, 2017; and 3% on June 14, 2018 assuming continued employment through the applicable vesting date.
- 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 $130.78 to $131.77; 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 $131.79 to $132.78; 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 $132.79 to $132.95; 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 $130.39 to $131.37; 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 $131.40 to $132.29; 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 $132.44 to $132.92; 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.