SEC Form 4 · accession 0001628280-16-020118
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Kondo
Officer — Principal Accounting Officer
Period of report
Oct 14, 2016
Accepted (ET)
Oct 18, 2016 · 8:03 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 | Oct 15, 2016 | M | 4,798 | — | A | 11,582 | D | |
| Common StockF3 | Oct 15, 2016 | F | 2,137 | $117.63 | D | 9,445 | 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 | — | Oct 14, 2016 | A | 16,578 | A | — | — | Common Stock | 16,578 | 16,578 | D |
| Restricted Stock UnitF1,F2,F5 | — | Oct 15, 2016 | M | 719 | D | — | — | Common Stock | 719 | 0 | D |
| Restricted Stock UnitF1,F2,F6 | — | Oct 15, 2016 | M | 942 | D | — | — | Common Stock | 942 | 1,882 | D |
| Restricted Stock UnitF1,F2,F7 | — | Oct 15, 2016 | M | 993 | D | — | — | Common Stock | 993 | 3,971 | D |
| Restricted Stock UnitF1,F2,F8 | — | Oct 15, 2016 | M | 2,144 | D | — | — | Common Stock | 2,144 | 12,864 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F2This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
- 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 4, 2016. 12.5% of the award will vest on April 15, 2017 and the remaining restricted stock units vest 12.5% in semi-annual installments over a four-year period ending October 15, 2020, assuming continued employment through the applicable vesting date.
- F5This 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 a four-year period ending October 15, 2016.
- F6This 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 a four-year period ending October 15, 2017, assuming continued employment through the applicable vesting date.
- F7This 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 a four-year period ending October 15, 2018, assuming continued employment through the applicable vesting date.
- F8This 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.