Apple Inc. Convertible Securities: Converted or Retired
Securities that convert into the company's stock: convertible notes (from each offering's SEC filings, as on Outstanding Bonds) and convertible preferred stock (from the 10-K), newest issue first. Values are as filed.
- Series A Non-Voting Convertible Preferred Stock: Type Convertible preferred stock; Issued 1997-08; Amount issued 150,000 shares; Conversion terms Converts into common stock on any sale by Microsoft, or at Microsoft's option after August 5, 2000, at $16.50 per share (shown as $8.25 per share in the 2001 10-K).
- 6% Convertible Subordinated Notes due 2001: Type Convertible notes; Issued 1996-06-17; Amount issued $661,000,000; Conversion terms Conversion price $29.205 per share, convertible at any time after September 5, 1996.
| Security | Type | Issued | Amount issued | Conversion terms | Maturity | Converted or retired | Outstanding | Source |
|---|---|---|---|---|---|---|---|---|
| Series A Non-Voting Convertible Preferred Stock | Convertible preferred stock | 1997-08 | 150,000 shares $150,000,000 | Converts into common stock on any sale by Microsoft, or at Microsoft's option after August 5, 2000, at $16.50 per share (shown as $8.25 per share in the 2001 10-K) | Converted 2000-09-15: 74,250 shares 2001-12-21 Converted 2001: 75,750 shares 2001-12-21 | 0 shares | 1997-12-05 1999-12-22 2000-12-14 2001-12-21 | |
| 6% Convertible Subordinated Notes due 2001 | Convertible notes | 1996-06-17 | $661,000,000 | Conversion price $29.205 per share, convertible at any time after September 5, 1996 | 2001-06-01 | Converted 1999 1999-12-22 Repaid at maturity 2001-06-01 | $0 | 1996-12-19 1996-06-17 |