Apple Chief Counsel Receives $24.9M in Stock Grant

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Apple General Counsel Daniel Cooperman has received a grant of restricted stock valued at an estimated US$24.9M, according to a regulatory filing on Thursday.

Mr. Cooperman, who was previously at Oracle, was selected by Apple in September, 2007 to become Appleis senior vice president, general counsel and secretary starting November 1st. He replaced Donald J. Rosenberg.

In a Dow Jones Newswire report, Mr. Cooperman received 133,000 restricted stock units. Based on the the current value of Apple stock, the estimated value is well over US$24M. The stock will vest over a period of four years.

John Martellaro

John Martellaro

John Martellaro was born at an early age and began writing about computers soon after that. He is a former U.S. Air Force officer and has worked for NASA, White Sands Missile Range, Lockheed Martin Astronautics, the Oak Ridge National Laboratory and Apple. At Apple he worked as a Senior Marketing Manager, a Federal Account Executive and a High Performance Computing manager. His interests include skiing, chess, science fiction and astronomy. You can follow John on Twitter at twitter.com/jmartellaro.

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