Apple execs sell shares
TweetFollow Us on Twitter

Apple execs sell shares


More than a million restricted shares of Apple stock that seven of them were granted on Dec. 14, 2005 became fully vested Wednesday. The next day, with Apple opening at an all-time record high, four of them sold off all those shares pursuant, as the SEC Form 4 has it, to a Rule 10b5-1 trading plan, reports "Fortune" (http://macosg.me/2/18).

Chief Operating Office Tim Cook was the "big winner," the article adds. He sold 300,000 Apple shares at prices ranging from US$226.9 to $230.7, for a total of $68.8 million -- $32 million of which was set aside for taxes.

"Fortune" reports that three other officers also dumped their restricted shares Thursday. Chief Financial Officer Peter Oppenheimer sold 200,000 shares and cleared $45.98 million. Ron Johnson, senior vice president for retail sold 200,000 shares and cleared $45.95 million. Phil Schiller, senior vice president of worldwide marketing, sold 150,000 shares and cleared $34.47 million.

Three other senior staffers -- Serlet Bertrand (granted 150,000 restricted shares in 2005), Scott Forstall (50,000) and Robert Mansfield (50,000) -- sold some of their shares "to satisfy minimum statutory withholding requirements and held on to the rest," says "Fortune."

 
AAPL
$96.88
Apple Inc.
-0.31
GOOG
$593.30
Google Inc.
-2.68
MSFT
$44.47
Microsoft Corpora
-0.41
MacNews Search:
Community Search:

Latest Forum Discussions

See All
view counter

view counter
view counter
view counter
view counter
view counter
view counter

Book Your Appointment with F.E.A.R. this...
Book Your Appointment with F.E.A.R. | Read more »
It Came From Canada: Epic Skater
For all the hate that it gets for being a pastime for slackers, skateboarding really does require a lot of skill. All those flips and spins take real athleticism, and there’s all the jargon to memorize. Fortunately for us less extreme individuals, Epic Skater makes things a lot simpler by handling all that pesky “moving” business. We check out... | Read more »
Cultures Review
Cultures Review By Jennifer Allen on July 24th, 2014 Our Rating: :: SLOW-PACED EMPIRE BUILDINGiPad Only App - Designed for the iPad Cute it might seem, but Cultures is a bit too slow paced when it comes to those pesky timers to truly endear itself.   | Read more »
More Paintings Have Been Added to Paint...
More Paintings Have Been Added to Paint it Back! Posted by Jessica Fisher on July 24th, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
The Order of Souls Review
The Order of Souls Review By Campbell Bird on July 24th, 2014 Our Rating: :: STORY GRINDUniversal App - Designed for iPhone and iPad The Order of Souls is a free-to-play, turn-based RPG with a genre-mixing art style, interesting narrative structure, and lackluster combat.   | Read more »
Revolution 60 Review
Revolution 60 Review By Jordan Minor on July 24th, 2014 Our Rating: :: LASS EFFECTUniversal App - Designed for iPhone and iPad Revolution 60 is a bold, cinematic action game with ambition to spare.   | Read more »
Matter (Photography)
Matter 1.0.1 Device: iOS Universal Category: Photography Price: $1.99, Version: 1.0.1 (iTunes) Description: Add stunning 3D effects to your photos with real-time shadows and reflections. Export your creations as photos or video loops.By the team that has brought you four separate apps featured by Apple, Matter is the newest... | Read more »
Fanatic Earth Review
Fanatic Earth Review By Brittany Vincent on July 24th, 2014 Our Rating: :: BY-THE-NUMBERSUniversal App - Designed for iPhone and iPad Kemco’s stable of mobile RPGs grows, but in Fanatic Earth’s situation it’s a case of quantity over quality.   | Read more »
Together for iOS (Productivity)
Together for iOS 1.0 Device: iOS Universal Category: Productivity Price: $9.99, Version: 1.0 (iTunes) Description: Together is an app for keeping things in one place. Notes, documents, images, movies, sounds, web pages and bookmarks can all be kept in Together, tagged, previewed, collected together in different ways and found again... | Read more »
The Phantom PI Mission Apparition (Game...
The Phantom PI Mission Apparition 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: ** Release sale! 50% off for a limited time! **The Phantom PI Mission Apparition is a spooky, puzzly, rock’n’roll fueled adventure game starring a paranormal investigator who specializes in helping ghosts who... | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.