Apple Inc. — Director's Dealing 2020

Apr 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Apple Inc. (AAPL)
CIK: 0000320193
Period of Report: 2020-04-01

Reporting Person: WILLIAMS JEFFREY E (COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-01	Common Stock	M	85678	—	Acquired	194007	Direct
2020-04-01	Common Stock	F	44616	$240.91	Disposed	149391	Direct
2020-04-02	Common Stock	S	3849	$238.03	Disposed	145542	Direct
2020-04-02	Common Stock	S	3039	$238.96	Disposed	142503	Direct
2020-04-02	Common Stock	S	5266	$240.20	Disposed	137237	Direct
2020-04-02	Common Stock	S	7454	$241.24	Disposed	129783	Direct
2020-04-02	Common Stock	S	13783	$242.30	Disposed	116000	Direct
2020-04-02	Common Stock	S	4449	$243.03	Disposed	111551	Direct
2020-04-02	Common Stock	S	2377	$244.36	Disposed	109174	Direct
2020-04-02	Common Stock	S	845	$244.98	Disposed	108329	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-04-01	Restricted Stock Unit	$	M	36107	Disposed		Common Stock (36107.0)	Direct
2020-04-01	Restricted Stock Unit	$	M	28338	Disposed		Common Stock (28338.0)	Direct
2020-04-01	Restricted Stock Unit	$	M	21233	Disposed		Common Stock (21233.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13986	Indirect

Footnotes

F1: Each restricted stock unit represents the right to receive, at settlement, one share of common stock.

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 February 18, 2019.

F5: This transaction was executed in multiple trades at prices ranging from $237.44 to $238.43; 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 $238.44 to $239.34; 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 $239.59 to $240.57; 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 $240.59 to $241.49; 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 transaction was executed in multiple trades at prices ranging from $241.74 to $242.73; 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.

F10: This transaction was executed in multiple trades at prices ranging from $242.74 to $243.705; 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.

F11: This transaction was executed in multiple trades at prices ranging from $243.81 to $244.57; 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.

F12: This transaction was executed in multiple trades at prices ranging from $244.97 to $244.985; 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.

F13: This award was granted on October 5, 2015. 36,108 restricted stock units subject to the award vested on each of April 1, 2018 and April 1, 2019 and 36,107 restricted stock units vested on April 1, 2020.

F14: This award was granted on October 14, 2016. 28,338 restricted stock units subject to the award vested on each of April 1, 2019 and April 1, 2020 and 28,337 restricted stock units are scheduled to vest on April 1, 2021, assuming continued employment through the applicable vesting date.

F15: This award was granted on October 15, 2017. 21,233 restricted stock units subject to the award vested on April 1, 2020 and 21,233 restricted stock units are scheduled to vest on each of April 1, 2021 and April 1, 2022, assuming continued employment through the applicable vesting date.