Apple CEO Tim Cook Sells More Than $35M in Stock - اخبار التقنية

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قديم 08-27-2016, 02:03 AM
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افتراضي Apple CEO Tim Cook Sells More Than $35M in Stock

Apple Cook Sells More ThanApple CEO Tim Cook recently sold More Than $35 million worth of Apple stock, according documents filed with the SEC this week.

Cook sold 334,000 shares at prices ranging from $107.21 to $107.69, netting himself almost $36 million dollars.

Apple also sold More Than 656,000 shares on Tim Cook?s behalf, an amount over $70 million, to settle the tax liability for the RSUs that vested earlier this week as he reached his five-year anniversary as CEO of Apple.

Cook on Wednesday unlocked awarded Stock bonuses worth More Than $100 million for both his time spent at Apple and the company?s performance under his leadership, earning 1,260,000 total shares.

That number consists of 980,000 tenure-based RSUs and an allotment of 280,000 shares awarded because Apple?s shareholder return reached 61%, putting it in the top-performing third of the S&P 500 index.

Tim Cook continues to hold More Than 1.3 million shares of Apple Stock following the sale, which is worth More Than $140 million.

Tag: Tim Cook

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