Thursday, January 11, 2007

Apple Chief Benefited From Options, Records Indicate - washingtonpost.com

Hmm  

But his signature performance at the annual Macworld Conference and Expo did not dispel the scandal swirling around Apple over its backdating of stock options. Despite the company's defense that Jobs never personally benefited from a pair of stock option grants he received -- he gave them up in 2003, long before allegations of wrongdoing surfaced -- filings with the Securities and Exchange Commission show that his options were exchanged for 5 million shares of restricted Apple stock.

Source: Apple Chief Benefited From Options, Records Indicate - washingtonpost.com

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