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Apple Inc. (AAPL) Executive Salary: Other Pay Mentions, 1999

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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.

  • 1999: Person Timothy D. Cook; Amount $3.00M; As filed “and unvested options and shares (obtained through the exercise of such options) back to the Company for the sum of $3 million less any profits Mr. Cook has realized to date through the exercise and sale of such options.”.
  • 1999: Person Timothy D. Cook; Amount $800.00K; As filed “If Mr. Cook's employment is terminated by the Company without "Cause" during the first two years of his employment, he will be entitled to receive an amount equal to $800,000 minus the total base salary he has received since the start of his employment.”.
  • 1999: Person Fred D. Anderson; As filed “Pursuant to his agreement, Mr. Anderson is entitled to an annual base salary of no less than $500,000.”.
  • 1999: Person Timothy D. Cook; As filed “Since during fiscal 1999, Mr. Cook realized net profits from the exercise and sale of his options in excess of $3 million, this sell-back provision has no future effect.”.
Fiscal yearPersonAmountAs filed
1999Timothy D. Cook$3.00M“and unvested options and shares (obtained through the exercise of such options) back to the Company for the sum of $3 million less any profits Mr. Cook has realized to date through the exercise and sale of such options.”
1999Timothy D. Cook$800.00K“If Mr. Cook's employment is terminated by the Company without "Cause" during the first two years of his employment, he will be entitled to receive an amount equal to $800,000 minus the total base salary he has received since the start of his employment.”
1999Fred D. Anderson“Pursuant to his agreement, Mr. Anderson is entitled to an annual base salary of no less than $500,000.”
1999Timothy D. Cook“Since during fiscal 1999, Mr. Cook realized net profits from the exercise and sale of his options in excess of $3 million, this sell-back provision has no future effect.”
1999Timothy D. Cook“During fiscal 1999, Mr. Cook realized net profits from the exercise and sale of his options in excess of $3 million.”