SEC Form 4 · accession 0001209191-16-114938
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Johny Srouji
Officer — Senior Vice President
Period of report
Apr 15, 2016
Accepted (ET)
Apr 19, 2016 · 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,F2 | Apr 15, 2016 | M | 42,738 | — | A | 144,830 | D | |
| Common StockF3 | Apr 15, 2016 | F | 20,370 | $109.85 | D | 124,460 | 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,F4 | — | Apr 15, 2016 | M | 8,692 | D | — | — | Common Stock | 8,692 | 8,688 | D |
| Restricted Stock UnitF1,F5 | — | Apr 15, 2016 | M | 13,455 | D | — | — | Common Stock | 13,455 | 40,358 | D |
| Restricted Stock UnitF1,F6 | — | Apr 15, 2016 | M | 9,307 | D | — | — | Common Stock | 9,307 | 46,535 | D |
| Restricted Stock UnitF1,F7 | — | Apr 15, 2016 | M | 11,284 | D | — | — | Common Stock | 11,284 | 78,986 | 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 January 31, 2016 of 211 shares of Apple Inc.'s common stock pursuant to the Apple Inc. Amended Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of August 1, 2015 through January 31, 2016.
- F3Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units. No shares were sold.
- F4This award was granted on October 27, 2012. 12.5% of the award vested on April 15, 2013 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2016, assuming continued employment through the applicable vesting date.
- F5This award was granted on October 7, 2013. 12.5% of the award vested on April 15, 2014 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2017, assuming continued employment through the applicable vesting date.
- F6This award was granted on October 10, 2014. 12.5% of the award vested on April 15, 2015 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2018, assuming continued employment through the applicable vesting date.
- F7This award was granted on October 5, 2015. 12.5% of the award vested on April 15, 2016 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2019, assuming continued employment through the applicable vesting date.