Apple Inc. — Director's Dealing 2016

Apr 5, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLE INC (AAPL)
CIK: 0000320193
Period of Report: 2016-04-01

Reporting Person: SCHILLER PHILIP W (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-04-01	Common Stock	M	53056	—	Acquired	53056	Direct
2016-04-01	Common Stock	F	26772	$109.99	Disposed	26284	Direct
2016-04-01	Common Stock	G	26284	$0.00	Disposed	0	Direct
2016-04-01	Common Stock	G	26284	$0.00	Acquired	75859	Indirect
2016-04-04	Common Stock	S	26284	$111.68	Disposed	49575	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-04-01	Restricted Stock Unit	$	M	53056	Disposed		Common Stock (53056)	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: These entries reflect the transfer of securities by the reporting person to a family trust.

F4: Shares held by a family trust of which the reporting person is a trustee. The reporting person disclaims beneficial ownership in these shares except as to the reporting person's pecuniary interest in the trust.

F5: This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 12, 2015.

F6: This transaction was executed in multiple trades at prices ranging from $111.65 to $111.721; 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.

F7: This award was granted on March 3, 2014. 53,056 restricted stock units subject to the award vested on April 1, 2016, and 53,055 restricted stock units are scheduled to vest on each of April 1, 2017 and April 1, 2018, assuming continued employment through the applicable vesting date.