Apple Inc. — Director's Dealing 2011

Apr 19, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLE INC (AAPL)
CIK: 0000320193
Period of Report: 2011-04-15

Reporting Person: RAFAEL BETSY (VP, Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-15	Common Stock	M	1875	—	Acquired	2277	Direct
2011-04-15	Common Stock	M	1500	—	Acquired	3777	Direct
2011-04-15	Common Stock	M	875	—	Acquired	4652	Direct
2011-04-15	Common Stock	F	1696	$327.46	Disposed	2956	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-15	Restricted Stock Unit	$	M	1875	Disposed	2012-10-15	Common Stock (1875)	Direct
2011-04-15	Restricted Stock Unit	$	M	1500	Disposed	2013-10-15	Common Stock (1500)	Direct
2011-04-15	Restricted Stock Unit	$	M	875	Disposed	2014-10-15	Common Stock (875)	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: This restricted stock unit award was granted on October 12, 2008 and vests in semi-annual installments over four years, beginning on April 15, 2009.

F4: This restricted stock unit award was granted on September 26, 2009 and vests in semi-annual installments over four years, beginning on April 15, 2010.

F5: This restricted stock unit award was granted on October 5, 2010 and vests in semi-annual installments over four years, beginning on April 15, 2011.