8-K from Apple Shows Description of Common Stock

Authorized Capital Stock The Company's authorized capital stock consists of 12,600,000,000 shares of common stock, par value $0.00001 (the “Common Stock”). Common Stock Fully Paid and Nonassessable All of the outstanding shares of the Company's Common Stock are fully paid and nonassessable. Voting Rights The holders of shares of Common Stock are entitled to one vote per share on all matters to be voted on by such holders. Dividends The holders of shares of Common Stock are entitled to receive such dividends, if any, as may be declared from time to time by the Company's Board of Directors in its discretion from funds legally available therefor. Right to Receive Liquidation Distributions Upon liquidation, dissolution or winding-up, the holders of shares of Common Stock are entitled to receive pro rata all assets remaining available for distribution to holders of such shares. No Preemptive or Similar Rights The Common Stock has no preemptive or other subscription rights, and there are no conversion rights or redemption or sinking fund provisions with respect to such shares of Common Stock.