Disney CEO Robert Iger received 142 restricted shares that vest next February for joining the Apple board, reports CNN Fortune.
At Apple's current price the shares are worth: 142 x $376.54 = $53468.68
That's comparable to the grants offered other Apple directors. When Andrea Jung joined the board in January 2008, she received 3,000 restricted shares, but those shares had a strike price ($180.05) and took three years to become totally vested.
Those shares are a small amount of money for Iger who made in $29 million from Disney in 2009 alone.
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At Apple's current price the shares are worth: 142 x $376.54 = $53468.68
That's comparable to the grants offered other Apple directors. When Andrea Jung joined the board in January 2008, she received 3,000 restricted shares, but those shares had a strike price ($180.05) and took three years to become totally vested.
Those shares are a small amount of money for Iger who made in $29 million from Disney in 2009 alone.
Read More