Tim Cook has been granted 560,000 restricted Apple stock options and he raises $ 58 million in cash to celebrate assault.
As submitted to the SEC (Securities and Exchange Commission), Mr. Cook was awarded stock options on Friday and is valued at about $ 120 million. However, approximately half of these were held as a result of statutory tax withholding on vested stock options.
Mr. Cook then sold the rest on a Monday transaction, with an average selling price of about 217.50 peru.
Strength to strength
As I wrote last week, Cook 's 560,000 shares were divided into two separate awards. This includes 280,000 shares for continued work as Apple CEO and if the return on Apple's stock market over the past three years is better than two-thirds of the other shares listed on S & P 500 It contains 280,000 shares that only receive.
In this case, Apple's performance reached 50 of 423, Apple could easily truncate.
Cook 's next best stock is scheduled to be held on August 24, 2019. In total, there are huge 2,380,000 stock options remaining in the contract. In other words, do not think that Tim Cook will be hungry anytime soon. Even if his current net worth of about $ 758 million is Amazon's CEO Jeff Benzz $ 143.1 Billion Good luck.
Tim Cook said he plans to devote his whole estate to charity. Earlier this month, Cook transferred 23,215 shares of Apple shares to an unspecified charity. At current AAPL trading price, it is almost 5 million dollars.