Eight Apple executives hit the jackpot last week when their restricted stock awards vested on April 1st. According to a required filing with the Securities & Exchange Commission, the shares were part of Restrictive Stock Units awarded to the executives on March 3, 2014, and Oct. 17, 2014. On those two dates, Apple gave out awards that each were comprised of 53,056 and 40,955 RSUs respectively.
Six of the executives received both grants, which added up to 94,010 shares of Apple common stock. How much is that worth? As of this moment, the awards are worth more than $13.6 million ...
No comments:
Post a Comment