Luca Maestri - 01 Apr 2023 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 2023
Net transactions value: -$13,107,571
Form type: 4
Filing time: 04 Apr 2023, 18:32:43 UTC
Previous filing: 01 Nov 2022
Next filing: 10 Apr 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AAPL	Common Stock	Gift	$0	-703	-0.64%	$0.000000	109,970	13 Dec 2022	Direct
transaction	AAPL	Common Stock	Options Exercise		+149,684	+136%		259,809	01 Apr 2023	Direct	F1, F2
transaction	AAPL	Common Stock	Tax liability	$13,107,571	-79,488	-31%	$164.90	180,321	01 Apr 2023	Direct	F3
transaction	AAPL	Common Stock	Gift	$0	-2,464	-1.4%	$0.000000	177,857	03 Apr 2023	Direct

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		-59,064	-100%		0	01 Apr 2023	Common Stock	59,064		Direct	F1, F4
transaction	AAPL	Restricted Stock Unit	Options Exercise		-60,932	-50%		60,932	01 Apr 2023	Common Stock	60,932		Direct	F1, F5
transaction	AAPL	Restricted Stock Unit	Options Exercise		-29,688	-33%		59,376	01 Apr 2023	Common Stock	29,688		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 ("RSU") represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
F2	The number of securities reported reflects the acquisition on January 31, 2023 of 155 shares of Apple Inc.'s common stock pursuant to the Apple Inc. Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of August 1, 2022 through January 31, 2023
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 September 30, 2018. 59,068 restricted stock units subject to the award vested on April 1, 2021 and 59,064 vested on each of April 1, 2022 and April 1, 2023.
F5	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 vested on April 1, 2023 and 60,932 restricted stock units are scheduled to vest on April 1, 2024, assuming continued employment through the applicable vesting date.
F6	This award was granted on September 27, 2020. 29,688 restricted stock units subject to the award vested on April 1, 2023 and 29,688 restricted stock units are scheduled to vest on each of April 1, 2024 and April 1, 2025, assuming continued employment through the applicable vesting date.