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Apple Rewards Top Execs With Tons of Stock Options

Peter Oppenheimer (CFO), Bruce Sewell (general counsel), Phil Schiller (SVP of marketing), Scot Forstall (SVP iPhone software engineering), Robert Mansfield (SVP hardware engineering) and Jeffrey Williams (SVP operations) were granted 150,000 stock options with a current value of $59.8 million each. Eduardo Cure (SVP Internet Services) received 100,000 shares valued at about $40 million. Half of the shares vest on June 21, 2013 and the other half on March 21, 2016.

CEO Tim Cook was previously granted a nearly $400 million stock option grant with 500,000 Apple shares vesting on August 24, 2016 and another 500,000 on August 24, 2021.

Including previous stock options, Cook received a 2010 compensation of about $59.1 million, Oppenheimer ended up with about $29.8 million, Sewell with about $29.7 million, Schiller got $11.7 million, Mansfield about $14.0 million and Forstall about $13.8 million.