SEC Form 4 · accession 0001628280-16-019756
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eduardo H Cue
Officer — Senior Vice President
Period of report
Sep 21, 2016
Accepted (ET)
Sep 23, 2016 · 6:33 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 | Sep 21, 2016 | M | 525,000 | — | A | 525,000 | D | |
| Common StockF2 | Sep 21, 2016 | F | 256,305 | $113.55 | D | 268,695 | D | |
| Common StockF3 | Sep 21, 2016 | G | 268,695 | $0.00 | D | 0 | D | |
| Common StockF3 | Sep 21, 2016 | G | 268,695 | $0.00 | A | 292,695 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | Sep 21, 2016 | M | 525,000 | D | — | — | Common Stock | 525,000 | 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.
- F3These entries reflect the transfer of securities by the reporting person to a family trust.
- F4This restricted stock unit award was granted on November 2, 2011. 25% of the award vested on September 21, 2014 and the remaining restricted stock units vested on September 21, 2016.