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Apple Inc. — Director's Dealing 2017
Oct 17, 2017
29735_dirs_2017-10-17_4378eaff-b7f2-4ff9-a4e1-e15485f62cfc.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: 2017-10-15
Reporting Person: WILLIAMS JEFFREY E (COO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-10-01 | Restricted Stock Unit | $ | A | 64885 | Acquired | Common Stock (64885.0) | Direct | |
| 2017-10-15 | Restricted Stock Unit | $ | A | 63699 | Acquired | Common Stock (63699.0) | Direct |
Footnotes
F1: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F2: Vesting of these restricted stock units depends on Apple's relative total shareholder return from the first day of Apple's fiscal 2018 and ending with the last day of Apple's fiscal 2020. The "target" number of restricted stock units is reported. Between 0% and 200% of the target number of units may vest on October 1, 2020, with the vesting percentage determined based on actual performance.
F3: These restricted stock units are scheduled to vest as to one-third of the units on each of April 1, 2020, April 1, 2021 and April 1, 2022.