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Apple Inc. — Director's Dealing 2013
Aug 27, 2013
29735_dirs_2013-08-27_073ba2b7-f9a0-4a70-8b68-9d0c12eb14dc.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: 2013-08-24
Reporting Person: COOK TIMOTHY D (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-08-24 | Common Stock | M | 72877 | — | Acquired | 125344 | Direct |
| 2013-08-24 | Common Stock | F | 38028 | $501.02 | Disposed | 87316 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-08-24 | Restricted Stock Unit | $ | M | 72877 | Disposed | Common Stock (72877) | 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 restricted stock units in shares of common stock on their scheduled vesting date.
F2: Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units. No shares were sold.
F3: The remaining 840,000 restricted stock units in this award are scheduled to vest as follows: 100,000 restricted stock units vest on August 24, 2016; 100,000 restricted stock units vest on August 24, 2021; the balance of 640,000 restricted stock units vests in eight equal annual installments commencing August 24, 2014, assuming continued employment through the applicable vesting date and, with respect to a portion of each annual installment, satisfaction of the applicable performance requirements.