Apple 1998 Annual Report Download - page 77

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth certain information as of October 31, 1998 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 shares of Common Stock; (ii) each director;
(iii) each Named Executive Officer listed in the Summary Compensation Table under the heading "Executive Compensation" and (iv) all
directors and executive officers as a group. On the Table Date, 135,248,323 shares of Common Stock were issued and outstanding. 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.
SECURITY OWNERSHIP OF DIRECTORS, NOMINEES AND EXECUTIVE OFFICERS
(1) Based on a Schedule 13G dated August 10, 1998, filed by FMR Corp., 82 Devonshire Street, Boston, MA 02109. Fidelity Management &
Research Company ("Fidelity"), a wholly--owned subsidiary of FMR Corp and an investment advisor, is the beneficial owner of 14,078,334
shares or 10.38% of the Common Stock as a result of acting as an investment adviser to various investment companies registered under Section
8 of the Investment Company Act of 1940, and as a result of acting as sub-advisor to Fidelity American Special Situations Trust ("FASST").
Fidelity Management Trust Company, also a wholly-owned subsidiary of FMR Corp. and a bank is the beneficial owner of 2,170,138 shares or
1.60% of the Common Stock. Edward C. Johnson 3rd, Chairman of FMR Corp., and FMR Corp. through its control of Fidelity, the funds,
FASST, and Fidelity Management Trust Company, each has sole power to dispose of the shares and sole power to vote or to direct the voting
of 1,484,974 shares. Neither FMR Corp. or Edward C. Johnson 3rd, has the sole power to vote or direct the voting of the shares owned directly
by the Fidelity Funds.
(2) Includes 95,834 shares of Common Stock which Mr. Anderson has the right to acquire by exercise of stock options.
(3) Includes 10,000 shares of Common Stock which Messrs. Campbell, Chang, Ellison, Jobs, Woolard and York have the right to acquire by
exercise of stock options.
(4) Includes 75,000 shares of Common Stock which Mr. Rubinstein has the right to acquire by exercise of stock options.
(5) Includes 179,463 shares of Common Stock which Mr. Mandich has the right to acquire by exercise of stock options.
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SHARES OF COMMON
STOCK PERCENT OF
BENEFICIALLY COMMON STOCK
NAME OF BENEFICIAL OWNER OWNED OUTSTANDING
------------------------------------------------------------------------------ ----------------- ---------------
Fidelity Management & Research Company........................................ 16,665,531(1) 12.32%
Fred D. Anderson.............................................................. 97,170(2) *
William V. Campbell........................................................... 10,251(3) *
Gareth C. C. Chang............................................................ 12,000(3) *
Timothy D. Cook............................................................... 0
Lawrence J. Ellison........................................................... 10,000(3) *
Steven P. Jobs................................................................ 10,001(3) *
Jonathan Rubinstein........................................................... 76,793(4) *
Mitchell Mandich.............................................................. 179,463(5) *
Edgar S. Woolard, Jr.......................................................... 18,000(3) *
Jerome B. York................................................................ 20,000(3) *
All executive officers and directors as a group (13 persons).................. 628,264(6) *