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Apple Inc. — Director's Dealing 2015
Apr 17, 2015
29735_dirs_2015-04-17_a04e1487-b623-464a-9594-c88e35a4a391.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: 2015-04-15
Reporting Person: Maestri Luca (Senior Vice President, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-04-15 | Common Stock | M | 12558 | — | Acquired | 13059 | Direct |
| 2015-04-15 | Common Stock | F | 6423 | $126.78 | Disposed | 6636 | Direct |
| 2015-04-16 | Common Stock | S | 700 | $126.84 | Disposed | 5936 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-04-15 | Restricted Stock Unit | $ | M | 12558 | Disposed | Common Stock (12558) | 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.
F3: This transaction was made pursuant to a Rule10b5-1 trading plan adopted by the reporting person on May 17, 2014, as amended on November 26, 2014.
F4: This transaction was executed in multiple trades at prices ranging from $126.81 to $126.86; 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.
F5: This award was granted on October 7, 2013. 12.5% of the award vested on April 15, 2014 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2017, assuming continued employment through the applicable vesting date.