APPLE INC 4
4 · APPLE INC · Filed Jun 21, 2013
Insider Transaction Report
Form 4
APPLE INCAAPL
MANSFIELD ROBERT J
Senior Vice President
Transactions
- Exercise/Conversion
Restricted Stock Unit
2013-06-21−28,414→ 75,000 total→ Common Stock (28,414 underlying) - Exercise/Conversion
Common Stock
2013-06-21+28,414→ 64,008 total - Tax Payment
Common Stock
2013-06-21$413.50/sh−14,465$5,981,278→ 49,543 total
Footnotes (3)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one 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]This award was granted on November 2, 2011, and a portion of the award was subsequently modified on May 24, 2012. The modified portion of the award, which represents 75,000 of the 150,000 restricted stock units subject to the original grant, vested daily over the period from March 24, 2012 to June 21, 2013. This transaction represents the settlement, pursuant to the terms of the modified award, of the portion of the award that vested during the period from January 1, 2013 through June 21, 2013. The remaining 75,000 restricted stock units subject to the original grant are scheduled to vest on March 21, 2016, assuming continued employment through the applicable vesting date.