Browett John 4
4 · APPLE INC · Filed Oct 23, 2012
Insider Transaction Report
Form 4
APPLE INCAAPL
Browett John
Senior Vice President
Transactions
- Tax Payment
Common Stock
2012-10-20$609.84/sh−2,159$1,316,645→ 2,841 total - Exercise/Conversion
Common Stock
2012-10-20+5,000→ 5,000 total - Exercise/Conversion
Restricted Stock Unit
2012-10-20−5,000→ 95,000 total→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock. This transaction represents the settlement of vested restricted stock units in shares of common stock.
- [F2]Shares withheld by Registrant to satisfy minimum statutory withholding requirements on vesting of restricted stock units.
- [F3]These restricted stock units were granted on April 20, 2012 and are scheduled to vest on the following schedule - 5,000 units on October 20, 2012, 15,000 units on the first anniversary of the grant date, and 20,000 units on each of the second, third, fourth and fifth anniversaries of the grant date, assuming continued employment through the applicable vesting date.