| 2023 | Tim Cook | $50.00M | “Upon review of the relevant benchmark data with its independent compensation consultant the People and Compensation Committee increased the target value of Mr. Cook’s equity award for 2024 to $50 million, which, along with his base salary and target Cash Incentive Plan award, positions his 2024 total target compensation within the 80th to 90th percentile of CEO pay at the companies in our primary peer group.” |
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| 2023 | Tim Cook | $49.00M | “Tim Cook
Chief Executive Officer
Role: 12 years
Apple Tenure: 25 years 2023 Total Target Compensation: $49 million
Base Salary: $3 million
Mr. Cook’s base salary has remained the same since 2016
Cash Incentive Plan Opportunity: $6 million
Mr. Cook’s target Cash Incentive Plan opportunity for 2023 remained at 200% of his base salary
Target Equity Award Value: $40 million
Award Mix: 75/25
Mr. Cook was granted an equity award with 75% of the equity award subject to performance-based vesting and 25% of the equity award subject to time-based vesting” |
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| 2023 | Tim Cook | $40.00M | “Tim Cook
Chief Executive Officer
Role: 12 years
Apple Tenure: 25 years 2023 Total Target Compensation: $49 million
Base Salary: $3 million
Mr. Cook’s base salary has remained the same since 2016
Cash Incentive Plan Opportunity: $6 million
Mr. Cook’s target Cash Incentive Plan opportunity for 2023 remained at 200% of his base salary
Target Equity Award Value: $40 million
Award Mix: 75/25
Mr. Cook was granted an equity award with 75% of the equity award subject to performance-based vesting and 25% of the equity award subject to time-based vesting” |
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| 2023 | Tim Cook | $40.00M | “In 2023, Mr. Cook was granted an equity award with a total target equity grant value of $40 million (“2023 Equity Award”), a reduction in value of almost 40% from his 2022 target equity grant value.” |
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| 2023 | Tim Cook | $30.00M | “The target number of performance-based RSUs granted to Mr. Cook was determined by dividing the target value of $30 million by the closing stock price on the date of grant.” |
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| 2023 | Jeff Williams | $10.00M | “The target number of performance-based RSUs granted to Ms. Adams, Mr. Maestri, Ms. O’Brien, and Mr. Williams was determined by dividing the target value of $10 million by the closing stock price on the date of grant.” |
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| 2023 | Tim Cook | $1.40M | “The dollar amounts shown in column (c) are determined by multiplying the number of shares acquired on vesting by the per-share closing price of Apple’s common stock on the vesting date, plus dividend equivalents attributable to such shares in the amount of $246,037 for Mr. Cook, $1,400,948 for each of Ms. Adams, Mr. Maestri, and Mr. Williams, and $1,355,503 for Ms. O’Brien.” |
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| 2023 | Deirdre O’Brien | $1.36M | “The dollar amounts shown in column (c) are determined by multiplying the number of shares acquired on vesting by the per-share closing price of Apple’s common stock on the vesting date, plus dividend equivalents attributable to such shares in the amount of $246,037 for Mr. Cook, $1,400,948 for each of Ms. Adams, Mr. Maestri, and Mr. Williams, and $1,355,503 for Ms. O’Brien.” |
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| 2023 | Tim Cook | $246.04K | “The dollar amounts shown in column (c) are determined by multiplying the number of shares acquired on vesting by the per-share closing price of Apple’s common stock on the vesting date, plus dividend equivalents attributable to such shares in the amount of $246,037 for Mr. Cook, $1,400,948 for each of Ms. Adams, Mr. Maestri, and Mr. Williams, and $1,355,503 for Ms. O’Brien.” |
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| 2023 | Art Levinson | $175.00K | “In 2023, the Chair of the Board, Dr. Levinson, received an additional cash retainer of $175,000; the Chair of the Audit Committee, Dr. Sugar, received an additional cash retainer of $37,500; the Chair of the People and Compensation Committee, Ms. Jung, received an additional cash retainer of $32,500; and the Chair of the Nominating Committee, Ms. Wagner, received an additional cash retainer of $27,500.” |
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| 2023 | Ron Sugar | $37.50K | “In 2023, the Chair of the Board, Dr. Levinson, received an additional cash retainer of $175,000; the Chair of the Audit Committee, Dr. Sugar, received an additional cash retainer of $37,500; the Chair of the People and Compensation Committee, Ms. Jung, received an additional cash retainer of $32,500; and the Chair of the Nominating Committee, Ms. Wagner, received an additional cash retainer of $27,500.” |
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| 2023 | Andrea Jung | $32.50K | “In 2023, the Chair of the Board, Dr. Levinson, received an additional cash retainer of $175,000; the Chair of the Audit Committee, Dr. Sugar, received an additional cash retainer of $37,500; the Chair of the People and Compensation Committee, Ms. Jung, received an additional cash retainer of $32,500; and the Chair of the Nominating Committee, Ms. Wagner, received an additional cash retainer of $27,500.” |
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| 2023 | Sue Wagner | $27.50K | “In 2023, the Chair of the Board, Dr. Levinson, received an additional cash retainer of $175,000; the Chair of the Audit Committee, Dr. Sugar, received an additional cash retainer of $37,500; the Chair of the People and Compensation Committee, Ms. Jung, received an additional cash retainer of $32,500; and the Chair of the Nominating Committee, Ms. Wagner, received an additional cash retainer of $27,500.” |
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| 2023 | Monica Lozano | $12.50K | “Ms. Lozano participated in the Deferred Compensation Plan and deferred $12,500 of her 2023 annual cash retainer.” |
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| 2023 | Tim Cook | | “Apple’s market capitalization also grew by more than $2 trillion during Mr. Cook’s tenure as CEO.” |
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