AAPL » Topics » Option Exercises and Stock Vested-2009

This excerpt taken from the AAPL DEF 14A filed Jan 12, 2010.

Option Exercises and Stock Vested—2009

The following table presents information regarding the exercise of stock options by named executive officers during 2009, and on the vesting during 2009 of other stock awards previously granted to the named executive officers.

 

     Option Awards    Stock Awards

Name

(a)

   Number of Shares
Acquired on
Exercise
(#)
(b)
   Value Realized
on Exercise
($)(1)
(c)
   Number of Shares
Acquired on
Vesting
(#)
(d)
   Value Realized
on Vesting
($)(1)
(e)

Steven P. Jobs

   —      —      —      —  

Timothy D. Cook

   —      —      —      —  

Peter Oppenheimer

   —      —      —      —  

Robert Mansfield

   40,000    4,892,092    30,000    5,101,500

Scott Forstall

   107,063    13,242,373    42,500    6,540,875

 

(1) The dollar amounts shown in Column (c) above for option awards are determined by multiplying (i) the number of shares of the Company’s common stock to which the exercise of the option related by (ii) the difference between the per-share closing price of the Company’s common stock on the date of exercise and the exercise price of the options. The dollar amounts shown in Column (e) above for stock awards are determined by multiplying the number of shares or units, as applicable, that vested by the per-share closing price of the Company’s common stock on the vesting date.

 

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