United states securities and exchange commission

2014 Employee Stock Plan
The Apple Inc. 2014 Employee Stock Plan (the “2014 Plan”) is a shareholder-approved plan that provided for broad-based equity 
grants to employees, including executive officers. The 2014 Plan permitted the granting of substantially the same types of equity 
awards with substantially the same terms as the 2022 Plan. The 2014 Plan also permitted the granting of cash bonus awards. In 
the third quarter of 2022, the Company terminated the authority to grant new awards under the 2014 Plan.
Apple Inc. | 2022 Form 10-K | 46

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Apple Inc. Non-Employee Director Stock Plan
The Apple Inc. Non-Employee Director Stock Plan (the “Director Plan”) is a shareholder-approved plan that (i) permits the 
Company to grant awards of RSUs or stock options to the Company’s non-employee directors, (ii) provides for automatic initial 
grants of RSUs upon a non-employee director joining the Board of Directors and automatic annual grants of RSUs at each 
annual meeting of shareholders, and (iii) permits the Board of Directors to prospectively change the value and relative mixture of 
stock options and RSUs for the initial and annual award grants and the methodology for determining the number of shares of the 
Company’s common stock subject to these grants, in each case within the limits set forth in the Director Plan and without further 
shareholder approval. RSUs granted under the Director Plan reduce the number of shares available for grant under the plan by a 
factor of two times the number of RSUs granted. The Director Plan expires on November 12, 2027. All RSUs granted under the 
Director Plan are entitled to DERs, which are subject to the same vesting and other terms and conditions as the underlying 
RSUs. A maximum of approximately 45 million shares (split-adjusted) were authorized for issuance pursuant to Director Plan 
awards at the time the plan was last amended on November 9, 2021.