Apple Inc. — Director's Dealing 2012

Mar 27, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLE INC (AAPL)
CIK: 0000320193
Period of Report: 2012-03-24

Reporting Person: SCHILLER PHILIP W (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-24	Common Stock	M	120000	—	Acquired	120257	Direct
2012-03-24	Common Stock	F	55849	$596.05	Disposed	64408	Direct
2012-03-26	Common Stock	S	33661	$602.3041	Disposed	30747	Direct
2012-03-26	Common Stock	S	30490	$603.0538	Disposed	257	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-24	Restricted Stock Unit	$	M	120000	Disposed	2012-03-24	Common Stock (120000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	129	Indirect

Footnotes

F1: Each restricted stock unit represents the right to receive, at settlement, one share of common stock. The reporting person had vested restricted stock units settled 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 February 26, 2008 and as amended on August 24, 2011.

F4: This transaction was executed in multiple trades at prices ranging from $601.62 to $602.61. 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 $602.62 to $603.50. 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: Shares held by a family trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest in the trust.

F7: This restricted stock unit award was granted on September 26, 2008 and vested in full on March 24, 2012.