Apple Inc. — Director's Dealing 2011

Oct 18, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLE INC (AAPL)
CIK: 0000320193
Period of Report: 2011-10-15

Reporting Person: WILLIAMS JEFFREY E (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-15	Common Stock	M	3750	—	Acquired	3963	Direct
2011-10-15	Common Stock	M	3750	—	Acquired	7713	Direct
2011-10-15	Common Stock	F	3502	$422	Disposed	4211	Direct
2011-10-17	Common Stock	S	720	$417.55	Disposed	3491	Direct
2011-10-17	Common Stock	S	400	$418.605	Disposed	3091	Direct
2011-10-17	Common Stock	S	1400	$419.6007	Disposed	1691	Direct
2011-10-17	Common Stock	S	478	$420.8754	Disposed	1213	Direct
2011-10-17	Common Stock	S	100	$423.99	Disposed	1113	Direct
2011-10-17	Common Stock	S	900	$425.34	Disposed	213	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-15	Restricted Stock Unit	$	M	3750	Disposed	2013-10-15	Common Stock (3750)	Direct
2011-10-15	Restricted Stock Unit	$	M	3750	Disposed	2012-10-15	Common Stock (3750)	Direct

Footnotes

F1: Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock. This transaction represents the settlement of vested restricted stock units in shares of common stock.

F2: Shares withheld by Registrant to satisfy minimum statutory withholding requirements on vesting of restricted stock units.

F3: These transactions were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 19, 2010.

F4: This transaction was executed in multiple trades at prices ranging from $417.13 to $418.05; 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, the issuer, or a security holder of the issuer.

F5: This transaction was executed in multiple trades at prices ranging from $418.16 to $418.98; 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, the issuer, or a security holder of the issuer.

F6: This transaction was executed in multiple trades at prices ranging from $419.29 to $420.22; 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, the issuer, or a security holder of the issuer.

F7: This transaction was executed in multiple trades at prices ranging from $420.48 to $421.39; 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, the issuer, or a security holder of the issuer.

F8: This transaction was executed in multiple trades at prices ranging from $425.04 to $425.60; 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, the issuer, or a security holder of the issuer.

F9: This restricted stock unit award was granted on September 26, 2009 and vests in semi-annual installments over four years, with the first installment vesting on April 15, 2010.

F10: This restricted stock unit award was granted on October 12, 2008 and vests in semi-annual installments over four years, with the first installment vesting on April 15, 2009.