Apple Inc. — Director's Dealing 2014

Sep 23, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLE INC (AAPL)
CIK: 0000320193
Period of Report: 2014-09-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-21	Common Stock	M	700000	—	Acquired	700459	Direct
2014-09-21	Common Stock	F	351154	$100.96	Disposed	349305	Direct
2014-09-22	Common Stock	S	348846	$101.46	Disposed	459	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-21	Restricted Stock Units	$	M	700000	Disposed		Common Stock (700000)	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: The number of securities reported reflects a 7-for-1 stock split effective June 6, 2014, and the acquisition on July 31, 2014 of four shares of Apple Inc.'s common stock pursuant to the Apple Inc. Amended Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of February 1, 2014 through July 31, 2014.

F3: Shares withheld by Registrant to satisfy minimum statutory tax withholding requirements on vesting of restricted stock units.

F4: This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 25, 2014.

F5: This transaction was executed in multiple trades at prices ranging from $100.95 to $101.85; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the Registrant, or a security holder of the Registrant.

F6: This restricted stock unit award was granted on September 21, 2010, and vested in full on September 21, 2014.