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Apple Inc. Director's Dealing 2014

May 5, 2014

29735_dirs_2014-05-05_702d5ac1-fe4c-4d5b-9569-6d4e743c01e7.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: 2014-05-01

Reporting Person: AHRENDTS ANGELA J (Senior Vice President)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-05-01 Restricted Stock Unit $ A 62555 Acquired Common Stock (62555) Direct
2014-05-01 Restricted Stock Unit $ A 33476 Acquired Common Stock (33476) Direct
2014-05-01 Restricted Stock Unit $ A 5817 Acquired Common Stock (5817) Direct
2014-05-01 Restricted Stock Unit $ A 5739 Acquired Common Stock (5739) Direct
2014-05-01 Restricted Stock Unit $ A 5747 Acquired Common Stock (5747) Direct

Footnotes

F1: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

F2: These restricted stock units are scheduled to vest 26% on June 1, 2014; 32% on April 1, 2015; 21% on July 18, 2015; 15% on June 14, 2016; 3% on June 14, 2017; and 3% on June 14, 2018.

F3: One-third of these restricted stock units are scheduled to vest on each of May 1, 2015; May 1, 2016; and May 1, 2017.

F4: Vesting of these restricted stock units depends on Apple Inc.'s relative total shareholder return from May 1, 2014 through and including April 30, 2015. The "target" number of restricted stock units is reported. Between 0% and 200% of the target number of units may vest on May 1, 2015, with the vesting percentage determined based on actual performance.

F5: Vesting of these restricted stock units depends on Apple Inc.'s relative total shareholder return from May 1, 2014 through and including April 30, 2016. The "target" number of restricted stock units is reported. Between 0% and 200% of the target number of units may vest on May 1, 2016, with the vesting percentage determined based on actual performance.

F6: Vesting of these restricted stock units depends on Apple Inc.'s relative total shareholder return from May 1, 2014 through and including April 30, 2017. The "target" number of restricted stock units is reported. Between 0% and 200% of the target number of units may vest on May 1, 2017, with the vesting percentage determined based on actual performance.