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: COOK TIMOTHY D (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-21	Common Stock	M	875000	—	Acquired	1755767	Direct
2014-09-21	Common Stock	F	456575	$100.96	Disposed	1299192	Direct
2014-09-22	Common Stock	S	310097	$101.10	Disposed	989095	Direct
2014-09-22	Common Stock	S	38328	$101.74	Disposed	950767	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-21	Restricted Stock Units	$	M	875000	Disposed		Common Stock (875000)	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: These shares are held through Mr. Cook's trust.

F3: 456,575 shares (52.2% of the total number of shares) were withheld by Apple to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units. In addition, because Mr. Cook's marginal tax rate in California is higher than the minimum statutory tax withholding rate, he is submitting a tax payment in addition to the withholding applied by Apple.

F4: These transactions were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 23, 2004, as amended on August 6, 2010 and November 28, 2011.

F5: This transaction was executed in multiple trades at prices ranging from $100.62 to $101.61; 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 transaction was executed in multiple trades at prices ranging from $101.62 to $102.13; 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.

F7: This restricted stock unit award was granted on September 21, 2010, and vested in full on September 21, 2014.