Luca Maestri - Sep 29, 2024 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
Sep 29, 2024
Transactions value $
$0
Form type
4
Date filed
10/1/2024, 06:30 PM
Previous filing
Apr 15, 2024
Next filing
Oct 3, 2024

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 +11K $0.00 11K Sep 29, 2024 Common Stock 11K Direct F1, F2
transaction AAPL Restricted Stock Unit Award $0 +32.9K $0.00 32.9K Sep 29, 2024 Common Stock 32.9K Direct F1, F3
transaction AAPL Restricted Stock Unit Award $0 +11K $0.00 11K Sep 29, 2024 Common Stock 11K Direct F1, F4
* 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.
F2 These restricted stock units are scheduled to vest as to one-third of the units on each of April 1, 2027, April 1, 2028, and April 1, 2029, subject to the terms and conditions of the underlying award agreement.
F3 These restricted stock units are scheduled to vest as to 12.5% of the units on April 15, 2025 and the remaining restricted stock units are scheduled to vest 12.5% in semi-annual installments over a four-year period ending October 15, 2028, subject to the terms and conditions of the underlying award agreement.
F4 These performance-based restricted stock units are scheduled to vest on October 1, 2027, subject to the terms and conditions of the underlying award agreement. 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 year 2025 and ending with the last day of Apple's fiscal year 2027.