CHRIS KONDO - 15 Oct 2023 Form 4 Insider Report for Apple Inc. (AAPL)

Signature
/s/ Sam Whittington, Attorney-in-Fact for Chris Kondo
Issuer symbol
AAPL
Transactions as of
15 Oct 2023
Net transactions value
-$942,897
Form type
4
Filing time
17 Oct 2023, 18:30:48 UTC
Previous filing
03 Oct 2023
Next filing
14 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AAPL Common Stock Options Exercise +10,785 +32% 44,765 15 Oct 2023 Direct F1, F2
transaction AAPL Common Stock Tax liability $942,897 -5,272 -12% $178.85 39,493 15 Oct 2023 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 -4,568 -100% 0 15 Oct 2023 Common Stock 4,568 Direct F1, F4
transaction AAPL Restricted Stock Unit Options Exercise -2,226 -33% 4,453 15 Oct 2023 Common Stock 2,226 Direct F1, F5
transaction AAPL Restricted Stock Unit Options Exercise -1,914 -20% 7,657 15 Oct 2023 Common Stock 1,914 Direct F1, F6
transaction AAPL Restricted Stock Unit Options Exercise -2,077 -14% 12,465 15 Oct 2023 Common Stock 2,077 Direct F1, F7
* 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 July 31, 2023 of 34 shares of Apple Inc.'s common stock pursuant to the Apple Inc. Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of February 1, 2023 through July 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 29, 2019. 12.5% of the award vested on April 15, 2020 and the remaining restricted stock units vested 12.5% in semi-annual installments over the four-year period ending October 15, 2023.
F5 This award was granted on September 27, 2020. 12.5% of the award vested on April 15, 2021 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2024, assuming continued employment through the applicable vesting date.
F6 This award was granted on September 26, 2021. 12.5% of the award vested on April 15, 2022 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2025, assuming continued employment through the applicable vesting date.
F7 This award was granted on September 25, 2022. 12.5% of the award vested on April 15, 2023 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2026, assuming continued employment through the applicable vesting date.