Apple Inc. — Director's Dealing 2016

Oct 18, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLE INC (AAPL)
CIK: 0000320193
Period of Report: 2016-10-14

Reporting Person: Srouji Johny (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-13	Common Stock	G	1425	—	Disposed	105117	Direct
2016-10-13	Common Stock	G	475	—	Acquired	475	Indirect
2016-10-13	Common Stock	G	475	—	Acquired	475	Indirect
2016-10-13	Common Stock	G	475	—	Acquired	475	Indirect
2016-10-15	Common Stock	M	42734	—	Acquired	147851	Direct
2016-10-15	Common Stock	F	21447	$117.63	Disposed	126404	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-10-14	Restricted Stock Unit	$	A	85013	Acquired		Common Stock (85013.0)	Direct
2016-10-14	Restricted Stock Unit	$	A	64654	Acquired		Common Stock (64654.0)	Direct
2016-10-15	Restricted Stock Unit	$	M	8688	Disposed		Common Stock (8688.0)	Direct
2016-10-15	Restricted Stock Unit	$	M	13455	Disposed		Common Stock (13455.0)	Direct
2016-10-15	Restricted Stock Unit	$	M	9307	Disposed		Common Stock (9307.0)	Direct
2016-10-15	Restricted Stock Unit	$	M	11284	Disposed		Common Stock (11284.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	91	Indirect

Footnotes

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

F2: This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.

F3: Shares withheld by Apple to satisfy the minimum statutory tax withholding requirements on vesting of restricted stock units. No shares were sold.

F4: These restricted stock units are scheduled to vest as to one-third of the units on each of April 1, 2019, April 1, 2020 and April 1, 2021.

F5: Vesting of these restricted stock units depends on Apple's relative total shareholder return from September 25, 2016 through September 28, 2019. The "target" number of restricted stock units is reported. Between 0% and 200% of the target number of units may vest on October 1, 2019, with the vesting percentage determined based on actual performance.

F6: This award was granted on October 27, 2012. 12.5% of the award vested on April 15, 2013 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2016.

F7: 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.

F8: This award was granted on October 10, 2014. 12.5% of the award vested on April 15, 2015 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2018, assuming continued employment through the applicable vesting date.

F9: This award was granted on October 5, 2015. 12.5% of the award vested on April 15, 2016 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2019, assuming continued employment through the applicable vesting date.