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Apple Issues Al Gore 30,000 Stock Options

Apple Issues Al Gore 30,000 Stock Options

by , 9:00 AM EST, April 1st, 2003

According to a Reuters article at Yahoo News, Apple has given Al Gore 30,000 stock options with an exercise price of US$14.95. Al Gore, former vice president of the USA and Apple's latest addition to its board of directors, was given the options as part of Apple's standard compensation package for its non-executive directors, according to the Reuters report. The options can be exercised 10,000 at a time during each of the next three years. From Yahoo News:

Former U.S. Vice President Al Gore got 30,000 stock options for joining the board of Apple Computer Inc. this month, according to a regulatory filing released on Monday.

[...]

In a Securities and Exchange Commission filing, the company said it gave its new director Gore 30,000 stock options with an exercise price of $14.95.

You can read the article in full at Yahoo News.


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