AI assistant
Apple Inc. — Director's Dealing 2016
Oct 18, 2016
29735_dirs_2016-10-18_104ffa80-8ce9-4240-b5d4-278c4e94f974.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: APPLE INC (AAPL)
CIK: 0000320193
Period of Report: 2016-10-14
Reporting Person: SCHILLER PHILIP W (Senior Vice President)
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 |
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 as to one-third of the units on each of April 1, 2019, April 1, 2020 and April 1, 2021.
F3: 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.