Apple Inc. — Director's Dealing 2011

Sep 23, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLE INC (AAPL)
CIK: 0000320193
Period of Report: 2011-09-21

Reporting Person: SEWELL D BRUCE (SVP, Gen'l Counsel, Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-21	Common Stock	M	25000	—	Acquired	25070	Direct
2011-09-21	Common Stock	F	11428	$412.14	Disposed	13642	Direct
2011-09-22	Common Stock	S	800	$400.1325	Disposed	12842	Direct
2011-09-22	Common Stock	S	3400	$401.1224	Disposed	9442	Direct
2011-09-22	Common Stock	S	872	$402.8888	Disposed	8570	Direct
2011-09-22	Common Stock	S	700	$403.2371	Disposed	7870	Direct
2011-09-22	Common Stock	S	5300	$404.7060	Disposed	2570	Direct
2011-09-22	Common Stock	S	2500	$407.00	Disposed	70	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-21	Restricted Stock Unit	$	M	25000	Disposed	2013-09-21	Common Stock (25000)	Direct

Footnotes

F1: Each restricted stock unit represents the right to receive, at settlement, one 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 transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 23, 2010 and amended on August 10, 2011.

F4: This transaction was executed in multiple trades at prices ranging from $400.00 to $400.53. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F5: This transaction was executed in multiple trades at prices ranging from $401.00 to $401.97. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F6: This transaction was executed in multiple trades at prices ranging from $402.02 to $403.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F7: This transaction was executed in multiple trades at prices ranging from $403.02 to $403.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F8: This transaction was executed in multiple trades at prices ranging from $404.18 to $405.03. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F9: This restricted stock unit award was granted on September 21, 2009, and vests in annual installments over four years.