Luca Maestri - 01 Apr 2022 Form 4 Insider Report for Apple Inc. (AAPL)

Role: Senior Vice President, CFO
Signature: /s/ Sam Whittington, Attorney-in-Fact for Luca Maestri
Issuer symbol: AAPL
Transactions as of: 01 Apr 2022
Net transactions value: -$18,859,819
Form type: 4
Filing time: 05 Apr 2022, 18:31:42 UTC
Previous filing: 21 Oct 2021
Next filing: 22 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AAPL	Common Stock	Options Exercise		+204,932	+185%		315,605	01 Apr 2022	Direct	F1, F2
transaction	AAPL	Common Stock	Tax liability	$18,859,819	-108,197	-34%	$174.31	207,408	01 Apr 2022	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AAPL	Restricted Stock Unit	Options Exercise		-84,932	-100%		0	01 Apr 2022	Common Stock	84,932		Direct	F1, F4
transaction	AAPL	Restricted Stock Unit	Options Exercise		-59,064	-50%		59,064	01 Apr 2022	Common Stock	59,064		Direct	F1, F5
transaction	AAPL	Restricted Stock Unit	Options Exercise		-60,936	-33%		121,864	01 Apr 2022	Common Stock	60,936		Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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, 2022 of 172 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 2, 2021 through January 31, 2022.
F3	Shares withheld by Apple to satisfy tax withholding requirements on vesting of restricted stock units. No shares were sold.
F4	This award was granted on October 15, 2017. 84,932 restricted stock units subject to the award vested on each of April 1, 2020, April 1, 2021, and April 1, 2022.
F5	This award was granted on September 30, 2018. 59,068 restricted stock units subject to the award vested on April 1, 2021 and 59,064 vested on April 1, 2022. 59,064 restricted stock units are scheduled to vest on April 1, 2023, assuming continued employment through the applicable vesting date.
F6	This award was granted on September 29, 2019. 60,936 restricted stock units subject to the award vested on April 1, 2022 and 60,932 restricted stock units are scheduled to vest on each of April 1, 2023 and April 1, 2024, assuming continued employment through the applicable vesting date.