SEC Form 4 · accession 0001628280-17-002321
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
Mar 4, 2017
Accepted (ET)
Mar 7, 2017 · 6:31 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,F2 | Mar 4, 2017 | M | 33,328 | — | A | 33,985 | D | |
| Common StockF3 | Mar 4, 2017 | F | 15,431 | $139.78 | D | 18,554 | 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 | — | Mar 4, 2017 | M | 33,328 | D | — | — | Common Stock | 33,328 | 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.
- F2The number of securities reported reflects the acquisition on January 31, 2017 of 235 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, 2016 through January 31, 2017.
- 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 March 4, 2013. 12.5% of the award vested on September 4, 2013 and the remaining restricted stock units vested 12.5% in semi-annual installments over a four-year period ending March 4, 2017.