Katherine L. Adams - Sep 25, 2022 Form 4 Insider Report for Apple Inc. (AAPL)

Role
SVP, GC and Secretary
Signature
/s/ Sam Whittington, Attorney-in-Fact for Katherine L. Adams
Stock symbol
AAPL
Transactions as of
Sep 25, 2022
Transactions value $
$0
Form type
4
Date filed
9/27/2022, 09:45 PM
Previous filing
Aug 5, 2022
Next filing
Oct 4, 2022

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 Award $0 +66.5K $0.00 66.5K Sep 25, 2022 Common Stock 66.5K Direct F1, F2
transaction AAPL Restricted Stock Unit Award $0 +66.5K $0.00 66.5K Sep 25, 2022 Common Stock 66.5K Direct F1, F3
* 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.
F2 These restricted stock units are scheduled to vest as to one-third of the units on each of April 1, 2025, April 1, 2026, and April 1, 2027.
F3 These performance-based restricted stock units are scheduled to vest on October 1, 2025. The "target" number of restricted stock units is reported. Between 0% and 200% of the target number of units may vest based on Apple's relative total shareholder return from the first day of Apple's fiscal 2023 and ending with the last day of Apple's fiscal 2025.