SEC Form 4 · accession 0001628280-17-006558
Apple Inc. · AAPL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Angela J Ahrendts
Officer — Senior Vice President
Period of report
Jun 14, 2017
Accepted (ET)
Jun 16, 2017 · 6:30 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 | Jun 14, 2017 | M | 13,139 | — | A | 90,878 | D | |
| Common StockF2 | Jun 14, 2017 | F | 6,559 | $145.16 | D | 84,319 | 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 | — | Jun 14, 2017 | M | 13,139 | D | — | — | Common Stock | 13,139 | 13,132 | 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 Apple to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units. No shares were sold.
- F3This award was granted on May 1, 2014 for a total of 437,885 restricted stock units. 26% of the award vested on June 1, 2014, 32% on April 1, 2015, 21% on July 18, 2015, 15% on June 14, 2016, and 3% on June 14, 2017; and the remaining restricted stock units vests on June 14, 2018 assuming continued employment through the applicable vesting date.