Apple last week meted out restricted stock unit awards to its executive team, with the likes of SVP of Internet Software and Services Eddy Cue, SVP of Worldwide Marketing Phil Schiller and others receiving up to 149,667 RSUs scheduled to vest through 2021.
Eight Apple executives last week were awarded identical bonuses in the form of conditional RSUs worth over $19.6 million at the stock's current price, according to a U.S. SEC filing.
Fulfilling a contract award granted in 2011, Apple SVP of Internet Software and Services Eddy Cue saw 525,000 restricted stock units currently worth $59.2 million vest this week.
Apple’s SVP of Internet Software and Services Eddy Cue has sold 15k shares of his stock at roughly $583.99 per share. At that estimated valuation, the stock is worth a... Keep reading ?
Apple has awarded Eddy Cue, the company's new senior vice president of Internet Software & Services, a promotion bonus of 100,000 restricted stock units, currently worth than $37 million.