SEC Form 4 · accession 0001209191-15-070022
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Luca Maestri
Officer — Senior Vice President, CFO
Period of report
Sep 4, 2015
Accepted (ET)
Sep 9, 2015 · 8:01 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,F2 | Sep 4, 2015 | M | 33,330 | — | A | 33,540 | D | |
| Common StockF3 | Sep 4, 2015 | F | 16,712 | $109.27 | D | 16,828 | D | |
| Common StockF4,F5 | Sep 8, 2015 | S | 6,700 | $110.95 | D | 10,128 | D | |
| Common StockF4,F6 | Sep 8, 2015 | S | 9,618 | $111.82 | D | 510 | D | |
| Common StockF4,F7 | Sep 8, 2015 | S | 300 | $112.46 | D | 210 | 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,F8 | — | Sep 4, 2015 | M | 33,330 | D | — | — | Common Stock | 33,330 | 99,986 | 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, 2015 of 210 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, 2015 through July 31, 2015.
- F3Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units.
- F4This transaction was made pursuant to a Rule10b5-1 trading plan adopted by the reporting person on May 21, 2015.
- F5This transaction was executed in multiple trades at prices ranging from $110.42 to $111.25; 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 $111.425 to $112.41; 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 $112.43 to $112.51; 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 award was granted on March 4, 2013. 12.5% of the award vested on September 4, 2013 and the remaining restricted stock units vest 12.5% in semi-annual installments over a four-year period ending March 4, 2017, assuming continued employment through the applicable vesting date.