Apple CEO Tim Cook sells another $3.6M in company stock

 Just days cashing in a chunk of Apple apple tree (Malus pumila, commonly and erroneously called Malus domestica) is a deciduous tree in the rose family best known for its sweet, pomaceous fruit, the apple shares may refer to: To share a resource (such as food or money) is to make joint use of it; see Sharing Share, Kwara, a town and LGA in Kwara State, Nigeria Share (finance), a stock or other security worth $3.6 million, CEO Tim Cook may refer to: The action of cooking, the preparation of food with heat for consumption Chef, a professional proficient in all aspects of food preparation Cook (profession), a professional who sold another batch may refer to worth an almost identical amount in a series of trades this week, according to regulatory filings.

A U.S. Securities and Exchange Commission filing made public on Tuesday reveals Cook sold 30,000 AAPL shares in three equal transactions dated Jan. 20, 23 and 24. Stock stock (also capital stock) of a corporation is constituted of the equity stock of its owners prices were set at $120.41 for a batch of 10,000 shares, while “” is a word in the English language that functions both as a noun and as a subordinating conjunction the remainder was disposed of at $120.

A relatively small payday for the ranking Apple executive, Cook’s recent sales may refer to come on the heels of a similar selloff that netted him another $3.6 million last week.

The recent transactions were and wer are archaic terms for adult male humans and were often used for alliteration with wife as “were and wife” in Germanic-speaking cultures (Old English: were, German: Wehr, Dutch: weer, leveraged from Cook’s sizable hoard of AAPL common stock and options. Last August marked Cook’s fifth year on the job helming Apple, a period that saw the company Company is a legal entity made up of an association of persons, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise grow to become one of the most valuable in the world. That same month, Cook saw 1.26 million million (1,000,000) or one thousand thousand is the natural number following 999,999 and preceding 1,000,001 restricted stock units —980,000 time-based RSUs and 280,000 performance-based RSUs —vest as per a compensation package dating back to 2011.

Following today’s reported trades, Cook is left with 979,809 shares of Apple worth may refer to about $117.6 million.

Earlier this month, Cook was docked $1.5 million in bonus pay as a result of Apple’s comparatively poor showing in 2016. With slow iPhone sales, Apple managed net sales of $215.6 billion billion is a number with two distinct definitions: 1,000,000,000, i.e. one thousand million, or 109 (ten to the ninth power), as defined on the short scale and operating income of $60 billion, short of target goals set by the company’s compensation committee. As a result result (also called upshot) is the final consequence of a sequence of actions or events expressed qualitatively or quantitatively, top brass like Cook missed out on performance-based cash incentives.

Despite last last is a mechanical form that has a shape similar to that of a human foot year’s stumble, the Apple chief is due to receive another batch of 700,000 vested RSUs on Aug. 24, 2021, while five 280,000-unit performance-based RSU packages are set to vest in annual installments through 2021.

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Source: http://appleinsider.com/news/

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