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Apple Inc. — Director's Dealing 2015
Oct 7, 2015
29735_dirs_2015-10-07_25cbb6c3-329f-4fb2-8efe-3e4b087fd4f5.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: 2015-10-05
Reporting Person: Maestri Luca (Senior Vice President, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-10-06 | Common Stock | S | 7582 | $110.11 | Disposed | 410 | Direct |
| 2015-10-06 | Common Stock | S | 200 | $111.20 | Disposed | 210 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-10-05 | Restricted Stock Unit | $ | A | 108323 | Acquired | Common Stock (108323) | Direct | |
| 2015-10-05 | Restricted Stock Unit | $ | A | 65264 | Acquired | Common Stock (65264) | Direct |
Footnotes
F1: This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2015.
F2: This transaction was executed in multiple trades at prices ranging from $109.77 to $110.43; 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.
F3: This transaction was executed in multiple trades at prices ranging from $110.96 to $111.43; 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.
F4: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F5: These restricted stock units are scheduled to vest as to one-third of the units on each of April 1, 2018, April 1, 2019 and April 1, 2020.
F6: Vesting of these restricted stock units depends on Apple Inc.'s relative total shareholder return from September 27, 2015 through September 29, 2018. The "target" number of restricted stock units is reported. Between 0% and 200% of the target number of units may vest on October 1, 2018, with the vesting percentage determined based on actual performance.