SEC Form 4 · accession 0001209191-16-124773
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
May 29, 2016
Accepted (ET)
Jun 1, 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 | May 29, 2016 | M | 9,551 | — | A | 16,241 | D | |
| Common StockF2 | May 29, 2016 | F | 4,799 | $100.35 | D | 11,442 | 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 | — | May 29, 2016 | M | 9,551 | D | — | — | Common Stock | 9,551 | 19,100 | 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 May 29, 2014. One-third of the restricted stock units subject to the award vested on May 29, 2016, and one-third of the restricted stock units are scheduled to vest on each of May 29, 2017 and May 29, 2018, assuming continued employment through the applicable vesting date.