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AAPL » Topics » Option Exercises and Stock Vested-Fiscal 2008

This excerpt taken from the AAPL DEF 14A filed Jan 7, 2009.

Option Exercises and Stock Vested—Fiscal 2008

The following table presents information regarding the exercise of stock options by named executive officers during fiscal 2008, and on the vesting during fiscal 2008 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

    —      —      300,000    40,759,020

Peter Oppenheimer

    —      —      250,000    34,882,500

Tony Fadell

    103,687    15,320,166    105,000    14,800,650

Robert Mansfield

    90,000    13,558,975    30,000    5,085,900

 

(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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