Apple Inc. — Director's Dealing 2016

Mar 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLE INC (AAPL)
CIK: 0000320193
Period of Report: 2016-03-21

Reporting Person: SCHILLER PHILIP W (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-21	Common Stock	M	525000	—	Acquired	525000	Direct
2016-03-21	Common Stock	F	256356	$105.91	Disposed	268644	Direct
2016-03-21	Common Stock	G	268644	$0.00	Disposed	0	Direct
2016-03-21	Common Stock	G	268644	$0.00	Acquired	318219	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-21	Restricted Stock Unit	$	M	525000	Disposed		Common Stock (525000)	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: 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 award was granted on November 2, 2011. 50% of the restricted stock units subject to the award vested on June 21, 2013, and the remaining 50% vested on March 21, 2016.