Riccio Daniel J. 4
4 · APPLE INC · Filed Oct 17, 2017
Insider Transaction Report
Form 4
APPLE INCAAPL
Riccio Daniel J.
Senior Vice President
Transactions
- Award
Restricted Stock Unit
2017-10-01+64,885→ 64,885 total→ Common Stock (64,885 underlying) - Award
Restricted Stock Unit
2017-10-15+63,699→ 63,699 total→ Common Stock (63,699 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F2]Vesting of these restricted stock units depends on Apple's relative total shareholder return from the first day of Apple's fiscal 2018 and ending with the last day of Apple's fiscal 2020. The "target" number of restricted stock units is reported. Between 0% and 200% of the target number of units may vest on October 1, 2020, with the vesting percentage determined based on actual performance.
- [F3]These restricted stock units are scheduled to vest as to one-third of the units on each of April 1, 2020, April 1, 2021 and April 1, 2022.