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.
- 1996: Person Gilbert F. Amelio; Amount $10.00M; As filed “In these circumstances, the Amelio Employment Agreement provides for a lump sum payment of $10,000,000 in lieu of the severance amounts described above, reduced by the outstanding balance on the aforementioned loan.”.
- 1996: Person Michael H. Spindler; Amount $3.71M; As filed “Pursuant to the terms of the Spindler Separation Agreement, Mr. Spindler received a lump sum payment of $3,712,500 upon his termination.”.
- 1996: Person Fred D. Anderson; Amount $1.30M; As filed “If the Company terminates Mr. Anderson's employment without Cause (as described below) during the one-year period following April 1, 1996, the Company will be obligated to pay Mr. Anderson a lump sum severance payment equal to $1,300,000.”.
- 1996: Person George M. Scalise; Amount $1.05M; As filed “If the Company terminates Mr. Scalise's employment without Cause (as described below) during the one-year period following March 1, 1996, the Company will be obligated to pay Mr. Scalise a lump sum severance payment equal to $1,050,000.”.
| Fiscal year | Person | Amount | As filed |
|---|---|---|---|
| 1996 | Gilbert F. Amelio | $10.00M | “In these circumstances, the Amelio Employment Agreement provides for a lump sum payment of $10,000,000 in lieu of the severance amounts described above, reduced by the outstanding balance on the aforementioned loan.” |
| 1996 | Michael H. Spindler | $3.71M | “Pursuant to the terms of the Spindler Separation Agreement, Mr. Spindler received a lump sum payment of $3,712,500 upon his termination.” |
| 1996 | Fred D. Anderson | $1.30M | “If the Company terminates Mr. Anderson's employment without Cause (as described below) during the one-year period following April 1, 1996, the Company will be obligated to pay Mr. Anderson a lump sum severance payment equal to $1,300,000.” |
| 1996 | George M. Scalise | $1.05M | “If the Company terminates Mr. Scalise's employment without Cause (as described below) during the one-year period following March 1, 1996, the Company will be obligated to pay Mr. Scalise a lump sum severance payment equal to $1,050,000.” |
| 1996 | Gilbert F. Amelio | $990.00K | “The Amelio Employment Agreement sets Dr. Amelio's fiscal year 1996 base salary at a rate of $990,000 per annum.” |
| 1996 | Gilbert F. Amelio | $990.00K | “Under the terms of the Amelio Employment Agreement, Dr. Amelio is employed for a five-year term at an annual base salary of $990,000.” |
| 1996 | Fred D. Anderson | $800.00K | “Pursuant to the provisions of the Anderson Employment Agreement, the Company paid Mr. Anderson the first half of an $800,000 hiring bonus in fiscal year 1996.” |
| 1996 | George M. Scalise | $630.00K | “Pursuant to the provisions of the Scalise Employment Agreement, the Company paid Mr. Scalise the first half of a $630,000 hiring bonus in fiscal year 1996.” |
| 1996 | Fred D. Anderson | $500.00K | “Mr. Anderson is entitled to an annual base salary of $500,000 and is eligible to participate in the Company's Senior Executive Bonus Plan.” |
| 1996 | George M. Scalise | $420.00K | “Pursuant to the Scalise Employment Agreement, Mr. Scalise is entitled to an annual base salary of $420,000 and is eligible to participate in the Company's Senior Executive Bonus Plan.” |
| 1996 | John Floisand | $375.00K | “The two agreements provide for a combined annual base salary of $375,000 and entitle Mr. Floisand to participate in the Company's Senior Executive Bonus Plan.” |
| 1996 | Gilbert F. Amelio | $324.13K | “Based upon the achievement of performance targets established by the Compensation Committee for each fiscal year, the Amelio Employment Agreement provides for the payment to Dr. Amelio of the Component A Bonus, an annual performance bonus ranging from 50% to 300% of his base salary, with a minimum of $324,126 guaranteed for fiscal year 1996.” |
| 1996 | John Floisand | $281.25K | “Mr. Floisand's target bonus for fiscal year 1996 is $281,250, and the actual amount of the bonus will be based on the overall corporate performance goals identified in the Senior Executive Bonus Plan.” |
| 1996 | Michael H. Spindler | $150.00K | “The Spindler Separation Agreement also contemplates additional payments of $50,000 and $150,000 to Mr. Spindler in order to extinguish any rights that Mr. Spindler may have under any plan or contract for, respectively, the reimbursement of moving expenses and purchase price assurance for the sale of his personal residence.” |
| 1996 | Fred D. Anderson | “During fiscal year 1996, Mr. Anderson was guaranteed a bonus payout of at least $400,000.” |