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Apple Inc. — Director's Dealing 2016
Jun 16, 2016
29735_dirs_2016-06-16_443bc85f-0fbb-4b34-a6ae-1369896ebed5.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: 2016-06-14
Reporting Person: AHRENDTS ANGELA J (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-06-14 | Common Stock | M | 65681 | — | Acquired | 163652 | Direct |
| 2016-06-14 | Common Stock | F | 32813 | $97.46 | Disposed | 130839 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-06-14 | Restricted Stock Unit | $ | M | 65681 | Disposed | Common Stock (65681) | 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. No shares were sold.
F3: This award was granted on May 1, 2014 for a total of 437,885 restricted stock units. 26% of the award vested on June 1, 2014, 32% on April 1, 2015, 21% on July 18, 2015, and 15% on June 14, 2016 and the remaining restricted stock units vest 3% on June 14, 2017; and 3% on June 14, 2018 assuming continued employment through the applicable vesting date.