Eight Apple executives enjoy a big pay day as restricted stock units vest


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 each to the six that received the March and October grants. Those executives are Apple Chief Operating Officer Jeff Williams, Senor Vice President and General Counsel Bruce Sewell, Marketing head Phil Schiller, Senor Vice President VP of Internet Software and Services Eddy Cue, Senor Vice President of Software Engineering Craig Federighi and Senor Vice President of Hardware Engineering Dan Riccio.

The remaining two executives, Apple Senior Vice President of Retail Angela Ahrendts, and Chief Financial Officer Luca Maestri, each saw their award of 40,955 RSUs vest. The shares in their packages each have a current value of $5.93 million.

Apple did hold back 46,214 shares from the awards received by Cue, Schiller, Federighi, Riccio, Williams and Sewell for tax purposes. The company withheld 19,632 shares from Ahrendts and Maestri to cover taxes.

The only reported stock sale from the vested shares was made by Schiller, who disposed of 47,796 shares that he parked in a family trust. The value of that transaction was $6.9 million.
 
source: AppleInsider

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78 Comments

1. darkkjedii

Posts: 31322; Member since: Feb 05, 2011

The usual trolls will be all over this article soon enough, including Sir Long Ranter of Samsungia. iBend Sgodsell Willard12 Fyahking and the rest, let's have it.

2. You_Dont_Say

Posts: 431; Member since: Jan 26, 2015

You forgot to include yourself in that list big head.

24. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Yea, he didnt use to be a troll. Now he sounds just like the fools. Sad. All the butt he be kissing here, most of these guys he chumbs up with, if they saw him on the street getting his butt whooped, would just drive by or get out and beat him up too. lol On topic. People who have stock should get there investment payout. Steve Jobs never wanted to pay people who vested into his company. He didnt even want to give his baby's mama a single dime, to take care his child. LOSER! However, money is money and Apple earns a lot and those who vested in get paid. I dont have an issue. I just wish Apple actually did somethign worthwhile with the cash they have.

57. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

Says one the biggest trolls in this site.

3. Sakeem

Posts: 862; Member since: Sep 05, 2012

No need to incite them homie. Let them do what they do and let's just ignore it. On topic: must be nice. I know money doesn't bring true happiness, but I would be very happy with that amount. lol.

20. darkkjedii

Posts: 31322; Member since: Feb 05, 2011

@Sakeem. I would be very content with that amount lol...very.

4. AllFanboysMatter

Posts: 206; Member since: Feb 14, 2016

Darkkjedii, you are very annoying. Why talk about the trolls then troll yourself? You are such a loser and you're purposefully trying to anger the trolls. So do you know what you are in fact doing?YOU'RE TROLLING IDIOT. You had absolutely nothing to contribute to the conversation so you use the first comment to troll like an idiot. I'd expect this out of techie, but not from you. Get it together or just simply keep your mouth shut.

15. lyndon420

Posts: 6834; Member since: Jul 11, 2012

Not worth the effort bud...It really isn't lol.

18. Plasticsh1t

Posts: 3109; Member since: Sep 01, 2014

Check your blood pressure.

21. darkkjedii

Posts: 31322; Member since: Feb 05, 2011

I don't care in the least, that I annoy you. You sound like a little bia bia even saying that. And how about you make me keep my mouth shut. A grown man telling another he's annoying lol. SMDH.

26. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

I dont do s**t like this. Don't put my name in it homes. I agree with the rest. Darkj has been a pr(d)ick lately. I guess he ain't getting no pu$$-e anymore!

56. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

LOL, you're the one who should keep your mouth shut, you're the troll who spits essay long nonsense just like techie.

62. darkkjedii

Posts: 31322; Member since: Feb 05, 2011

He had the nerve lol.

63. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Yes I got nerve. For one I stay black. I dont kiss up to no one for acceptance. Because the real truth is brush, none of these fools here would have yoru back on the street, like I would. I stand up for what is right 100% of the time. I dont give a fork who likes it or not. I learn a valuable lesson in life. Most times the people you kiss up too aint s**t. All you need is your own money and a good woman. All these trolls who are here, mean nothing to me bruh. They ain't nothing to me but a screen name. You need someone to stroke your ego, I dont because I dont have an ego. I dont need one. I got what I have because I busted my ass for it and I never had handouts. I made my way since I was 16 brush. These fools here, are a waste of time and energy. I come here because I love tech period. I hate hypocrites, I hate bigits, and I hate ores who try to straddle the fence. As I've been told, you either stand up for something, or fall for anything. In just the time I've been here, I watch you go from a tech lover, to a troll and back. You play one day liek you love the iPhone, then another day you hate it. Then one day you love Android and then another day you kiss up and hate it. I could care less if I ever get liked dude. It don't matter. Its a simple rule I have in life...NOBODY MATTERS unless I want them too. Since I dont know anyone here, they are all NOBODIES. Instead of choosing a side, just do you bruh, because trolling with these fools, is stupid. I dont give 2 loose screws about personal opinions. My resolution this year was to really enjoy new tech, buy what works for me, and bash lies and hypocrisy. I dont care, you all can be the spell check police, the grammar police and you can be a kiss-ass police. But until you can beat my arguments, nothign else matters. Because no one here can ever argue when I bring the heat. Typical trolls and typical fanboys. I will discuss tech with anyone. I love a good debate. I dont look or need to win. The thing is we all should enjoy whatever device we love and compre them on merit. After all, the ones who always need a loudspeaker to speak, usually aint got s**t to say. Namely the Apple trolls. I speak equally bad of all companies. They have given or owe me nothing and I owe them nothing. You allowed these trolls to change you. I watched it. I think its funny. Im not calling the kettle black, it was already black...well at least I thought. I already see through you bruh. One thing I will never do, is sellout what I stand for, for any person. Especially some of the trash here! Call me what you want bruh. Its like I said, you can BELIEVE whatever you want, doesn't make it true and doesn't make it false.

66. Anonymous.

Posts: 423; Member since: Jun 15, 2016

Darkkjedii, you even have the guts to talk about someone having a nerve, when you had one too in startting off the commemts section by inciting a flamewar, mentioning the names of users whom you call "trolls "... Why not just stick to the conversation topic? You claim to hate trolls, you claim to not discuss with trolls, yet you keep mentioning them in your dumb comments and trying to get their attention like you did in your fist post in this article. It just shows how much of a loser you are, and a huge troll you are for inciting flame wars. Get a life, you sucker. You are no different from those "trools", you hypocrite.

76. Highside

Posts: 197; Member since: Jan 31, 2017

These scumbags are getting rich building $190 gimped phones with slave labor, and selling them to idiots for $700+++. Meanwhile, the girl CEO tells the POTUS to his face that he refuses to bring the manufacturing BACK to the US while cheating corporate taxes worldwide. Everyone who buys this fragile & gimped garbage from this evil company is a fool.

5. PHYCLOPSH

Posts: 652; Member since: Jun 28, 2014

Why weren't any black people paid? Oh yes, it must be because they haven't been invited to the insider trading party.

8. LebronJamesFanboy

Posts: 671; Member since: Mar 23, 2013

**I'm going to preface this by informing you I'm black** Your comment is extremely stupid. So, 'insider trading parties' are white-only? Do you realize Kweku Adoboli was jailed for the biggest fraud in UK history?

9. PHYCLOPSH

Posts: 652; Member since: Jun 28, 2014

I am also black, otherwise I probably wouldn't have seen any problem with the picture. I don't think its stupid to point out the truth.

12. LebronJamesFanboy

Posts: 671; Member since: Mar 23, 2013

But what you're saying is not the truth. The truth is the majority of those executives worked really hard to get there. Let's not always act as if White people are the enemy and the ONLY ones with opportunities. Besides, if it weren't for the help many white people provided back with heavy segregation, many people like you and me wouldn't stand a chance in today's society. Another truth - We gotta take accountability for our own actions bro. Sitting at the high net worth tables is possible, but it just takes hard work and time. Let's not assume those executives didn't work hard to get where they are.

23. Sakeem

Posts: 862; Member since: Sep 05, 2012

I'm black and I agree with not blaming one race for another's shortcomings. We are don't have any proof that any of these people are guilty of insider trading. However, having said that, we must realize that some systems are set up to either keep us out or to ruin us. I don't have time to get in to it but you can look at how our "criminal justice" system is set up and certain laws that directly affect people of color. Also, you are right in that we shouldn't assume they didnt work hard to get where they are, but we also can't assume that they did. Some wealth is generational and handed down and set up before hand.

30. darkkjedii

Posts: 31322; Member since: Feb 05, 2011

Real talk

34. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Now that deserves a huge pat on the back and is real talk.

33. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

"Let's not always act as if White people are the enemy and the ONLY ones with opportunities. Besides, if it weren't for the help many white people provided back with heavy segregation, many people like you and me wouldn't stand a chance in today's society." Haha. How about we dont act like people of color get 100% equal opportunity as everyone else on the same levels, because we don't. By law, a company can't prevent you from applying for a job, as an equal opportunity employer by law. Applying and getting hired are 2 different things. Also facts show that blacks get far less opportunities in all fields that are predominantly white. No President in history received the most disrespect ever, then Obama received. Open racism right in our own White House. The first DO NOTHING CONGRESS was because a black man was President. Yes we all need to be held accountable for our own actions. But the fact is, many of us suffer for no reason other than our skin color. You must be an oreo bruh. Only in America can a white cop drive up to a seen who has no idea what is going on, get out his car and see a black man and start shooting him to death for no reason and don't even get arrested, investigated or even charged with a crime. Even though they had a video showing he shot a boy 16 times even when he was already on the ground dead. Dude, let me hush because you have actually upset me, because you one of those we refer to has "house". You are right in some things in "principle" but you wrong in reality. No one always acts like whites are the enemy, only when they act as such. Come on man, you seen the videos. Lets not turn on blinders like Apple fanboys. Each circumstance is different. Call it as it is and move forward.

47. marorun

Posts: 5029; Member since: Mar 30, 2015

Techie i agree thats ppl of different colors even women get treated like second zone employee and thats terribly wrong. Still i stand by what i said thats the most qualified for the job should be hired if he is white , yellow , purple ect should had nothing to do about it. What i find hypocrite is this wave of ppl trying to force corporation to hire more ppl from different race no matter what. IF you dont have the skill your skin colors should not give you an advantage.

44. marorun

Posts: 5029; Member since: Mar 30, 2015

IF apple did not considere ppl of colors because of those colors then its terribly wrong and i agree. Otherwise i must say colors of skin ect should hold NO value over who get hired or not. The best person for the job should always be taken (no matter what colors , sex , religion or even political beleif should have value ) But as i know how big business do in the USA i highly doubt they took the best person they probably profiled them by colors there is still a lots of thats in business.

13. PHYCLOPSH

Posts: 652; Member since: Jun 28, 2014

I never implied that, only that Apple isn't very supportive of affirmative action when it comes to their leadership positions. And obviously that Kweku Abudi guy wasn't really black, he had to be an Al-Qaeda operative or something with a name like that..

16. LebronJamesFanboy

Posts: 671; Member since: Mar 23, 2013

17. PHYCLOPSH

Posts: 652; Member since: Jun 28, 2014

Good for Bozoma but I'll have to disagree about Dre. Dr. Dre is pretty much Ike Turner, he makes Chris Brown look like an angel. Dre beat his girlfriends senseless:https://www.youtube.com/watch?v=CIV7V1Q-FqU Choking, threatening:https://www.youtube.com/watch?v=L9j1XMJDGaE He is a monster and watching that movie made me sick. Only a company like Apple would do business with an abhorrent creature like him. He never even apologized to the women he hurt and vehemently denies the accusations.

22. darkkjedii

Posts: 31322; Member since: Feb 05, 2011

Those scenes were intense, if he did that, then yes he was a monster. I wonder if he feels remorse, and has changed. I could never hit a female, and walked away from the situations, where it could've happened. Domestic violence is b***h stuff.

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