Apple Inc. — Director's Dealing 2011

Oct 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLE INC (AAPL)
CIK: 0000320193
Period of Report: 2011-10-18

Reporting Person: WILLIAMS JEFFREY E (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-18	Common Stock	M	10000	—	Acquired	10213	Direct
2011-10-18	Common Stock	F	4668	$422.24	Disposed	5545	Direct
2011-10-19	Common Stock	S	408	$399.5518	Disposed	5137	Direct
2011-10-19	Common Stock	S	1100	$400.5318	Disposed	4037	Direct
2011-10-19	Common Stock	S	600	$401.4525	Disposed	3437	Direct
2011-10-19	Common Stock	S	700	$402.4971	Disposed	2737	Direct
2011-10-19	Common Stock	S	600	$403.812	Disposed	2137	Direct
2011-10-19	Common Stock	S	700	$405.1729	Disposed	1437	Direct
2011-10-19	Common Stock	S	900	$406.0533	Disposed	537	Direct
2011-10-19	Common Stock	S	224	$407.112	Disposed	313	Direct
2011-10-19	Common Stock	S	100	$407.86	Disposed	213	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-18	Restricted Stock Unit	$	M	10000	Disposed	2011-10-18	Common Stock (10000)	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 $399.01 to $399.80; 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 $400.11 to $400.99; 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 $401.15 to $401.89; 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 $402.25 to $402.84; 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 $403.26 to $404.14; 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 transaction was executed in multiple trades at prices ranging from $404.53 to $405.45; 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.

F10: This transaction was executed in multiple trades at prices ranging from $405.75 to $406.32; 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.

F11: This transaction was executed in multiple trades at prices ranging from $406.75 to $407.27; 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.

F12: This restricted stock unit award was granted on October 18, 2007 and vests in annual installments over four years, with the first installment vesting on October 18, 2008.