Latest in Iad

Image credit:

Apple execs rewarded with stock bonuses worth $12 million each, and other news for March 6, 2014

Share
Tweet
Share

Sponsored Links

Apple has awarded a total of 30,000 shares totaling US$12.1 million to six company executives, according to MacRumors. The news came from required filings with the SEC. As MacRumors explains:

The shares appear to have been awarded as part of the executives' 2014 compensation package. Apple Senior Vice Presidents Eddy Cue, Craig Federighi, Dan Riccio, Phil Schiller, Bruce Sewell, and Jeffrey Williams all received equal bonus awards, with shares granted thusly:

- 22,738 RSUs with one-third of the units scheduled to vest into full shares of Apple stock on April 1 of 2016, 2017 and 2018.

- 6,626 RSUs scheduled to vest on October 1, 2015, with that number subject to adjustment based on Apple's total shareholder return.

- 6,416 RSUs scheduled to vest on October 1, 2016 with the same adjustments as the 2015 award.





In other news:

  • AdAge says Apple is going to roll out full-screen video ads later this year as part of its iAd program.
  • Azoi has released the Wello iPhone case, allowing users to track heath metrics like blood pressure, heart rate, and temperature.
  • Australia is angry at Apple after uncovering a profit-shifting scheme that saw the company move $9 billion in funds to Ireland.
In this article: iad, news roundup, wello
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Jabra's ANC update for the Elite 75t earbuds is now available

Jabra's ANC update for the Elite 75t earbuds is now available

View
Ubisoft's new hub will bring cross-play and cross-saves to more games

Ubisoft's new hub will bring cross-play and cross-saves to more games

View
'Pokémon Go' gets AR Mapping tasks to enable more realistic effects

'Pokémon Go' gets AR Mapping tasks to enable more realistic effects

View
Apple pulls TV Remote app now that it's built into iOS

Apple pulls TV Remote app now that it's built into iOS

View
The 44mm Apple Watch Series 6 falls to $400 at Amazon

The 44mm Apple Watch Series 6 falls to $400 at Amazon

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr