cik
stringclasses
1 value
date
stringlengths
8
8
form
stringclasses
4 values
sentenceCount
int64
0
2.33k
sentence
stringlengths
2
5.25k
filename
stringlengths
40
40
0000320193
20041203
10-K
1,911
Mr. Tamaddon has also served with the Company in the position of Senior Vice President Worldwide Service and Support, and Vice President and General Manager, Newton Group.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,912
Before joining the Company, Mr. Tamaddon held the position of Vice President, Europe with NeXT from September 1996 through March 1997.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,913
From August 1994 to August 1996, Mr. Tamaddon held the position of Vice President, Professional Services with NeXT.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,914
Avadis Tevanian, Jr., Ph.D., Senior Vice President, Chief Software Technology Officer (age 43), joined the Company in February 1997 upon the Company's acquisition of NeXT.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,915
Dr. Tevanian served with the Company in the position of Senior Vice President, Software Engineering from 1997 to July 2003.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,916
With NeXT, Dr. Tevanian held several positions, including Vice President, Engineering, from April 1995 to February 1997.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,917
Prior to April 1995, Dr. Tevanian worked as an engineer with NeXT and held several management positions.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,918
Item 11.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,919
Executive Compensation Information Regarding Executive Compensation The following table summarizes compensation information for the last three fiscal years for (i) Mr. Jobs, Chief Executive Officer and (ii) the four most highly compensated executive officers other than the Chief Executive Officer who were serving as ex...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,920
SUMMARY COMPENSATION TABLE (1)In March 2003, Mr. Jobs voluntarily cancelled all of his outstanding options, excluding those granted to him in his capacity as a director.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,921
In March 2003, the Board awarded Mr. Jobs five million restricted shares of the Company's Common Stock, that generally vest in full on the third anniversary of the grant date.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,922
(2)In December 1999, Mr. Jobs was given a special executive bonus for past services as the Company's interim Chief Executive Officer, in the form of an aircraft with a total cost to the Company of approximately $90,000,000.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,923
In fiscal 2002, approximately $2.27 million paid by the Company towards the purchase of the plane and approximately $1.3 million in related tax assistance was reported as income to Mr. Jobs.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,924
(3)Market value of restricted stock units granted on March 24, 2004 (based on $25.50 per share, the closing price of the Company's common stock on the NASDAQ National Market on the day of grant).
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,925
Restricted stock units generally vest over four years with 50% of the total number of shares vesting on each of the second and fourth anniversary of the grant date.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,926
(4)Consists of matching contributions made by the Company in accordance with the terms of the 401(k) plan.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,927
Option Grants in Last Fiscal Year There were no options granted to the Named Executive Officers during fiscal year 2004, although restricted stock units which are shown above in the Summary Compensation Table, were granted.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,928
Options Exercised and Year-End Option Holdings The following table provides information about stock option exercises by the Named Executive Officers during fiscal year 2004 and stock options held by each of them at fiscal year-end.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,929
AGGREGATED OPTION EXERCISES IN THE LAST FISCAL YEAR AND FISCAL YEAR-END OPTION VALUES (1)Market value of securities underlying in-the-money options at the end of fiscal year 2004 (based on $37.29 per share, the closing price of Common Stock on the NASDAQ National Market on September 24, 2004), minus the exercise price.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,930
(2)Consists of 60,000 options granted to Mr. Jobs in his capacity as a director pursuant to the 1997 Director Stock Option Plan.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,931
In March 2003, Mr. Jobs voluntarily cancelled all of his outstanding options, excluding those granted to him in his capacity as a director.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,932
Director Compensation The form and amount of director compensation is determined by the Board after a review of recommendations made by the Nominating Committee.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,933
The current practice of the Board is to base a substantial portion of a director's annual retainer on equity.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,934
In 1998, shareholders approved the 1997 Director Stock Option Plan (the "Director Plan") and 800,000 shares were reserved for issuance thereunder.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,935
Pursuant to the Director Plan, the Company's non-employee directors are granted an option to acquire 30,000 shares of Common Stock upon their initial election to the Board ("Initial Options").
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,936
The Initial Options vest and become exercisable in three equal annual installments on each of the first through third anniversaries of the grant date.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,937
On the fourth anniversary of a non-employee director's initial election to the Board and on each subsequent anniversary thereafter, the director will be entitled to receive an option to acquire 10,000 shares of Common Stock ("Annual Options").
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,938
Annual Options are fully vested and immediately exercisable on their date of grant.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,939
As of the end of the fiscal year, there were options for 440,000 shares outstanding under the Director Plan.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,940
Since accepting the position of CEO, Mr. Jobs is no longer eligible for grants under the Director Plan.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,941
Non-employee directors also receive a $50,000 annual retainer paid in quarterly increments.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,942
In addition, directors receive up to two free computer systems per year and are eligible to purchase additional equipment at a discount.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,943
Directors do not receive any additional consideration for serving on committees or as committee chairperson.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,944
Compensation Committee Interlocks and Insider Participation The current members of the Compensation Committee are Messrs. William V. Campbell, Millard S. Drexler, and Albert Gore, Jr., none of whom are employees of the Company and all of whom are considered "independent" directors under the applicable NASDAQ rules.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,945
No person who was an employee of the Company in fiscal year 2004 served on the Compensation Committee.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,946
No executive officer of the Company (i) served as a member of the compensation committee (or other board committee performing similar functions or, in the absence of any such committee, the board of directors) of another entity, one of whose executive officers served on the Company's Compensation Committee, (ii) served...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,947
Item 12.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,948
Security Ownership of Certain Beneficial Owners and Management The following table sets forth certain information as of November 10, 2004 (the "Table Date") with respect to the beneficial ownership of the Company's Common Stock by (i) each person the Company believes beneficially holds more than 5% of the outstanding s...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,949
On the Table Date, 401,476,094 shares of Common Stock were issued and outstanding.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,950
Unless otherwise indicated, all persons named as beneficial owners of Common Stock have sole voting power and sole investment power with respect to the shares indicated as beneficially owned.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,951
In addition, unless otherwise indicated, all persons named below can be reached at Apple Computer, Inc., 1 Infinite Loop, Cupertino, CA 95014.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,952
Security Ownership of 5% Holders, Directors, Nominees and Executive Officers (1)Represents shares of Common Stock held and/or options held by such individuals that were exercisable at the Table Date or within 60 days thereafter.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,953
(2)Based on a Form 13-F showing holdings as of September 30, 2004 by Private Capital Management, Inc.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,954
Private Capital Management, Inc. lists its address as 8889 Pelican Bay Blvd., Naples, FL, 34108, in such filing.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,955
(3)Includes 60,000 shares of Common Stock that Mr. Jobs has the right to acquire by exercise of stock options.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,956
(4)Includes 100,000 shares of Common Stock that Mr. Campbell has the right to acquire by exercise of stock options.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,957
(5)Includes 80,000 shares of Common Stock that Mr. Drexler has the right to acquire by exercise of stock options.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,958
(6)Includes 10,000 shares of Common Stock that Mr. Gore has the right to acquire by exercise of stock options.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,959
(7)Includes 1,350,000 shares of Common Stock that Mr. Johnson has the right to acquire by exercise of stock options.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,960
(8)Includes 1,400 shares of Common Stock that Dr. Levinson holds indirectly and 40,000 shares of Common Stock that Dr. Levinson has the right to acquire by exercise of stock options.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,961
(9)Includes 150,000 shares of Common Stock that Mr. Rubinstein has the right to acquire by exercise of stock options.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,962
(10)Includes 1,500,000 shares of Common Stock that Dr. Tevanian has the right to acquire by exercise of stock options.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,963
(11)Includes 10,000 shares of Common Stock that Mr. York has the right to acquire by exercise of stock options.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,964
(12)Includes 4,956,148 shares of Common Stock that executive officers or directors have the right to acquire by exercise of stock options.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,965
*Represents less than 1% of the issued and outstanding shares of Common Stock on the Table Date.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,966
Section 16(a) Beneficial Ownership Reporting Compliance Section 16(a) of the Securities Exchange Act of 1934, as amended, requires the Company's officers and directors, and persons who own more than ten percent of a registered class of the Company's equity securities, to file reports of securities ownership and changes...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,967
Officers, directors and greater than ten percent shareholders also are required by rules promulgated by the SEC to furnish the Company with copies of all Section 16(a) forms they file.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,968
Based solely upon a review of the copies of such forms furnished to the Company or written representations that no Forms 5 were required, the Company believes that all Section 16(a) filing requirements were met during fiscal year 2004.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,969
Equity Compensation Plan Information The following table sets forth certain information, as of September 25, 2004, concerning shares of common stock authorized for issuance under all of the Company's equity compensation plans.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,970
(1)This number includes 2,047,911 shares of common stock reserved for issuance under the Employee Stock Purchase Plan, 240,000 shares available for issuance under the 1997 Director Stock Option Plan and 14,299,512 shares available for issuance under the 2003 Employee Stock Plan.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,971
The grant of 2,515,000 shares of restricted stock units have been deducted from the number of shares available for future issuance.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,972
It does not include shares under the 1990 Stock Option Plan which was terminated in 1997.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,973
No new options can be granted under the 1990 Stock Option Plan.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,974
(2)This table does not include 81,642 outstanding options assumed in connection with mergers and acquisitions of the companies which originally established those plans.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,975
These assumed options have a weighted average exercise price of $4.39 per share.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,976
No additional options may be granted under those assumed plans.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,977
Arrangements with Named Executive Officers Change In Control Arrangements-Stock Options, Restricted Stock, and Restricted Stock Units In the event of a "change in control" of the Company, all outstanding options under the Company's stock option plans, except the Director Plan, will, unless otherwise determined by the p...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,978
The Director Plan provides that upon a "change in control" of the Company, all unvested options held by non-employee directors will automatically become fully vested and exercisable and will be cashed out at an amount equal to the difference between the applicable "change in control price" and the exercise price of the...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,979
A "change in control" under these plans is generally defined as (i) the acquisition by any person of 50% or more of the combined voting power of the Company's outstanding securities or (ii) the occurrence of a transaction requiring shareholder approval and involving the sale of all or substantially all of the assets of...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,980
In addition, options, restricted stock grants, and restricted stock units granted to the Named Executive Officers generally provide that in the event there is a "change in control," as defined in the Company's stock option plans, and if in connection with or following such "change in control," their employment is termi...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,981
Further, restricted stock and restricted stock units granted to the Named Executive Officers also provide that, in the event the Company terminates the Officer without cause at any time, the restricted stock units and restricted stock will vest in full.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,982
Generally, "Cause" is defined to include a felony conviction, willful disclosure of confidential information or willful and continued failure to perform his or her employment duties.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,983
"Good Reason" includes resignation of employment as a result of a substantial diminution in position or duties, or an adverse change in title or reduction in annual base salary.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,984
Item 13.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,985
Certain Relationships and Related Transactions In connection with a relocation assistance package, the Company loaned Mr. Johnson (Senior Vice President, Retail) $1,500,000 for the purchase of his principal residence.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,986
The loan was secured by a deed of trust and was due and payable in May 2004.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,987
The largest amount of the indebtedness outstanding on this loan during fiscal year 2004 was $750,000.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,988
Mr. Johnson repaid the Company $750,000 during the fiscal year and the loan has been repaid in full.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,989
In March 2002, the Company entered into a Reimbursement Agreement with its Chief Executive Officer, Mr. Steven P. Jobs, for the reimbursement of expenses incurred by Mr. Jobs in the operation of his private plane when used for Apple business.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,990
The Reimbursement Agreement is effective for expenses incurred by Mr. Jobs for Apple business purposes since he took delivery of the plane in May 2001.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,991
During 2004, the Company recognized a total of $483,000 in expenses pursuant to this reimbursement agreement related to expenses incurred by Mr. Jobs during 2004.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,992
Item 14.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,993
Principal Accountant Fees and Services The following table sets forth the fees paid to the Company's independent registered public accounting firm, KPMG LLP, during fiscal years 2004 and 2003.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,994
Audit and Non-Audit Fees (1)Audit fees relate to professional services rendered in connection with the audit of the Company's annual financial statements, quarterly review of financial statements included in the Company's Forms 10-Q, and audit services provided in connection with other statutory and regulatory filings.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,995
(2)Audit-related fees include professional services related to the audit of the Company's financial statements, consultation on accounting standards or transactions, and audits of employee benefit plans.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,996
(3)Tax fees include $667,600 for professional services rendered in connection with tax compliance and preparation relating to the Company's expatriate program, tax audits and international tax compliance; and $116,900 for tax consulting and planning services relating to interest computations and international tax chang...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,997
The Company does not engage KPMG to perform personal tax services for its executive officers.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,998
Policy on Audit Committee Pre-Approval of Audit and Non-Audit Services Performed by the Independent Registered Public Accounting Firm Prior to the enactment of the Sarbanes-Oxley Act of 2002 (the "Act"), the Company adopted an auditor independence policy that banned its auditors from performing non-financial consulting...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
1,999
This auditor policy also mandates that the audit and non-audit services and the related budget be approved by the Audit Committee in advance, and that the Audit Committee be provided with quarterly reporting on actual spending.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
2,000
This policy also mandates that no auditor engagements for non-audit services may be entered into without the express approval of the Audit Committee.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
2,001
PART IV Item 15.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
2,002
Exhibits, Financial Statement Schedules.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
2,003
(a)Index to Exhibits SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, this 30th day of November 2004.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
2,004
APPLE COMPUTER, INC. By: /s/ PETER OPPENHEIMER Peter Oppenheimer Senior Vice President and Chief Financial Officer KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Steven P. Jobs and Peter Oppenheimer, jointly and severally, his attorneys-in-fact, each with the...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
2,005
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated: Name Title Date /s/ STEVEN P. JOBS STEVEN P. JOBS Chief Executive Officer and Director (Principal Executive Office...
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
2,006
Properties Item 3.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
2,007
Legal Proceedings Item 4.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
2,008
Submission of Matters to a Vote of Security Holders PART II Item 5.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
2,009
Market for the Registrant's Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities Item 6.
0001047469-04-035975/full-submission.txt
0000320193
20041203
10-K
2,010
Selected Financial Data Item 7.
0001047469-04-035975/full-submission.txt