Archean
Posts: 5,652 +103
In connection with Mr. Cook's appointment as Chief Executive Officer, the Board awarded Mr. Cook 1,000,000 restricted stock units. Fifty percent of the restricted stock units are scheduled to vest on each of August 24, 2016 and August 24, 2021, subject to Mr. Cook's continued employment with Apple through each such date.
If Cook can keep Apple's value increasing at the same rate that Jobs managed to achieve over the past 10 years, his 1,000,000 share bonus on August 24, 2021 will be worth $15,454,438,200.
If Cook can keep Apple's value increasing at the same rate that Jobs managed to achieve over the past 10 years, his 1,000,000 share bonus on August 24, 2021 will be worth $15,454,438,200.
