SEC Form 4 · accession 0001209191-15-076174
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J. Riccio
Officer — Senior Vice President
Period of report
Oct 15, 2015
Accepted (ET)
Oct 19, 2015 · 6:31 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 | Oct 15, 2015 | M | 17,500 | — | A | 63,041 | D | |
| Common StockF2 | Oct 15, 2015 | F | 8,698 | $111.86 | D | 54,343 | 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,F3 | — | Oct 15, 2015 | M | 17,500 | D | — | — | Common Stock | 17,500 | 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.
- F2Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units. No shares were sold.
- F3This award was granted on October 10, 2011. 12.5% of the award vested on April 15, 2012 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2015, assuming continued employment through the applicable vesting date.