Luca Maestri - Apr 1, 2023 Form 4 Insider Report for Apple Inc. (AAPL)

Role
Senior Vice President, CFO
Signature
/s/ Sam Whittington, Attorney-in-Fact for Luca Maestri
Stock symbol
AAPL
Transactions as of
Apr 1, 2023
Transactions value $
-$13,107,571
Form type
4
Date filed
4/4/2023, 06:32 PM
Previous filing
Nov 1, 2022
Next filing
Apr 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAPL Common Stock Gift $0 -703 -0.64% $0.00 110K Dec 13, 2022 Direct
transaction AAPL Common Stock Options Exercise +150K +135.92% 260K Apr 1, 2023 Direct F1, F2
transaction AAPL Common Stock Tax liability -$13.1M -79.5K -30.59% $164.90 180K Apr 1, 2023 Direct F3
transaction AAPL Common Stock Gift $0 -2.46K -1.37% $0.00 178K Apr 3, 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 -59.1K -100% 0 Apr 1, 2023 Common Stock 59.1K Direct F1, F4
transaction AAPL Restricted Stock Unit Options Exercise -60.9K -50% 60.9K Apr 1, 2023 Common Stock 60.9K Direct F1, F5
transaction AAPL Restricted Stock Unit Options Exercise -29.7K -33.33% 59.4K Apr 1, 2023 Common Stock 29.7K 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.