SEC Form 4 · accession 0001628280-17-000890
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert Gore Jr.
Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 6:33 pm EST
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 | Feb 1, 2017 | M | 2,580 | — | A | 445,574 | D | |
| Common Stock | Feb 2, 2017 | M | 70,000 | $13.0186 | A | 515,574 | D | |
| Common StockF2 | Feb 2, 2017 | S | 67,800 | $128.32 | D | 447,774 | D | |
| Common StockF3 | Feb 2, 2017 | S | 2,200 | $129.12 | D | 445,574 | 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 | — | Feb 1, 2017 | M | 2,580 | D | Feb 1, 2017 | Feb 1, 2017 | Common Stock | 2,580 | 0 | D |
| Director Stock Option (Right to Buy) | $13.0186 | Feb 2, 2017 | M | 70,000 | D | Mar 19, 2007 | Mar 19, 2017 | Common Stock | 70,000 | 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.
- F2This transaction was executed in multiple trades at prices ranging from $127.80 to $128.79; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
- F3This transaction was executed in multiple trades at prices ranging from $128.81 to $129.29; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
- F4This restricted stock unit award was granted on February 26, 2016 and vested entirely on February 1, 2017.