Apple Inc. Executive Salary: Other Pay Mentions
Every other pay amount the proxy statement mentions in its text (retainers, sign-on and relocation payments, arrangements), with the filed sentence.
- 1995: Person Ian Diery; Amount $887.49K; As filed “Pursuant to the Diery Agreement, Mr. Diery's employment with the Company terminated on October 15, 1995 and he received a lump sum severance payment in the gross amount of $887,485, in full satisfaction of the Company's obligations under the Executive Severance Plan and otherwise, from which was deducted the principal and interest outstanding on a loan the Company made to Mr. Diery in 1990 to assist Mr. Diery in the purchase of a personal residence.”.
- 1995: Person Ian Diery; Amount $261.79K; As filed “Including principal and interest, the amount outstanding on October 15, 1995 and netted against the payments due under the Diery Agreement, was $261,791.”.
- 1995: Person Ian Diery; Amount $250.00K; As filed “The original principal amount of the loan to Mr. Diery was $250,000, bearing interest at 8.85% per annum, with interest only due and payable in four annual installments of $22,125 each, with a balloon payment of principal and accrued unpaid interest due on December 1, 1994.”.
- 1995: Person Michael H. Spindler; Amount $150.00K; As filed “Payment, the Company agrees to pay to Mr. Spindler, upon the consummation of such sale, the Payment plus an amount equal to the lesser of (i) the excess of the amount of the proceeds of such sale over the amount of the Payment, or (ii) $150,000.”.
| Fiscal year | Person | Amount | As filed |
|---|---|---|---|
| 1995 | Ian Diery | $887.49K | “Pursuant to the Diery Agreement, Mr. Diery's employment with the Company terminated on October 15, 1995 and he received a lump sum severance payment in the gross amount of $887,485, in full satisfaction of the Company's obligations under the Executive Severance Plan and otherwise, from which was deducted the principal and interest outstanding on a loan the Company made to Mr. Diery in 1990 to assist Mr. Diery in the purchase of a personal residence.” |
| 1995 | Ian Diery | $261.79K | “Including principal and interest, the amount outstanding on October 15, 1995 and netted against the payments due under the Diery Agreement, was $261,791.” |
| 1995 | Ian Diery | $250.00K | “The original principal amount of the loan to Mr. Diery was $250,000, bearing interest at 8.85% per annum, with interest only due and payable in four annual installments of $22,125 each, with a balloon payment of principal and accrued unpaid interest due on December 1, 1994.” |
| 1995 | Michael H. Spindler | $150.00K | “Payment, the Company agrees to pay to Mr. Spindler, upon the consummation of such sale, the Payment plus an amount equal to the lesser of (i) the excess of the amount of the proceeds of such sale over the amount of the Payment, or (ii) $150,000.” |
| 1995 | Ian Diery | $22.13K | “The original principal amount of the loan to Mr. Diery was $250,000, bearing interest at 8.85% per annum, with interest only due and payable in four annual installments of $22,125 each, with a balloon payment of principal and accrued unpaid interest due on December 1, 1994.” |