Which of the below is an example of a primary market transaction?

You buy $400$ shares of Apple stock from your uncle. The trade is not made through a

broker; you just give him cash and he gives you the stock.

Apple issues $4,000,000$ shares of new stock and sells them to the public through an

investment banker.

You sell $400$ shares of Apple stock on the NYSE through your broker.

Apple sells $4,000,000$ shares of treasury stock to its employees when they exercise

options that were granted in prior years.

One financial institution yus $400,000$ shares of Apple stock from another institution.

An investment banker arranges the transaction.