Apple Inc. — Director's Dealing 2020

Apr 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Apple Inc. (AAPL)
CIK: 0000320193
Period of Report: 2020-04-15

Reporting Person: O'BRIEN DEIRDRE (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-15	Common Stock	M	16634	—	Acquired	50606	Direct
2020-04-15	Common Stock	F	7497	$284.43	Disposed	43109	Direct
2020-04-16	Common Stock	S	2278	$283.82	Disposed	40831	Direct
2020-04-16	Common Stock	S	2851	$284.52	Disposed	37980	Direct
2020-04-16	Common Stock	S	1847	$285.66	Disposed	36133	Direct
2020-04-16	Common Stock	S	2161	$286.82	Disposed	33972	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-15	Restricted Stock Unit	$	M	6907	Disposed		Common Stock (6907.0)	Direct
2020-04-15	Restricted Stock Unit	$	M	5574	Disposed		Common Stock (5574.0)	Direct
2020-04-15	Restricted Stock Unit	$	M	4153	Disposed		Common Stock (4153.0)	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: The number of securities reported reflects the acquisition on January 31, 2020 of 120 shares of Apple Inc.'s common stock pursuant to the Apple Inc. Amended Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of August 1, 2019 through January 31, 2020.

F3: Shares withheld by Apple to satisfy tax withholding requirements on vesting of restricted stock units.

F4: This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 31, 2019.

F5: This transaction was executed in multiple trades at prices ranging from $283.25 to $284.13; 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, Apple, or a security holder of Apple.

F6: This transaction was executed in multiple trades at prices ranging from $284.265 to $284.79; 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, Apple, or a security holder of Apple.

F7: This transaction was executed in multiple trades at prices ranging from $285.27 to $285.895; 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, Apple, or a security holder of Apple.

F8: This transaction was executed in multiple trades at prices ranging from $286.47 to $287.08; 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, Apple, or a security holder of Apple.

F9: This award was granted on October 14, 2016. 12.5% of the award vested on April 15, 2017 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2020, assuming continued employment through the applicable vesting date.

F10: This award was granted on October 15, 2017. 12.5% of the award vested on April 15, 2018 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2021, assuming continued employment through the applicable vesting date.

F11: This award was granted on September 30, 2018. 12.5% of the award vested on April 15, 2019 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2022, assuming continued employment through the applicable vesting date.