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Apple Inc. — Director's Dealing 2013
Jun 21, 2013
29735_dirs_2013-06-21_e211bfcd-ea5b-407b-a1d2-0fdf10d16f9b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APPLE INC (AAPL)
CIK: 0000320193
Period of Report: 2013-06-21
Reporting Person: MANSFIELD ROBERT L (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-06-21 | Common Stock | M | 28414 | — | Acquired | 64008 | Direct |
| 2013-06-21 | Common Stock | F | 14465 | $413.50 | Disposed | 49543 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-06-21 | Restricted Stock Unit | $ | M | 28414 | Disposed | Common Stock (28414) | 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 award was granted on November 2, 2011, and a portion of the award was subsequently modified on May 24, 2012. The modified portion of the award, which represents 75,000 of the 150,000 restricted stock units subject to the original grant, vested daily over the period from March 24, 2012 to June 21, 2013. This transaction represents the settlement, pursuant to the terms of the modified award, of the portion of the award that vested during the period from January 1, 2013 through June 21, 2013. The remaining 75,000 restricted stock units subject to the original grant are scheduled to vest on March 21, 2016, assuming continued employment through the applicable vesting date.