Julian Ivan-Alexander

Why Steve Jobs Should Resign

TAKING OPTIONS OR NOT

Fred Anderson: $51 million
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How much Anderson made in his time at Apple Computer exercising options to buy company shares and then selling them.

Nancy Heinen: $48.9 million
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How much Heinen made at Apple Computer exercising options to buy company shares and then selling them.

Steve Jobs: $0
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Since returning as chief executive in 1997, Jobs has been granted options to buy 27.5 million split-adjusted Apple shares, but has never exercised any. In March 2003, he returned the options in return for 10 million split-adjusted shares of restricted stock. When they vested in March 2006, Jobs sold 4.57 million of them for $295.7 million to pay taxes, leaving him with 5.43 million shares currently worth $461.8 million.

Source: Securities and Exchanges Commission regulatory filings, Thomson Financial, Mercury News research

(thanks to IV AAPL Board)