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AAPL Stock: 431.77 ( -0.23 )

http://www.macnn.com/articles/04/07/26/apple.vps.cash.out.options/

Two Apple executives exercise stock options

updated 03:55 pm EDT, Mon July 26, 2004

 

Apple VPs cash out options


A pair of exercised stock options for big payouts, according to CBSMarketWatch.com: "Avadis Tevanian Jr. and Jonathan Rubinstein -- cashed out a chunk of options last week. Tevanian sold 350,000 shares for $11.2 million, while Rubinstein sold 300,000 shares for $9.6 million. In April, Rubinstein sold a total of 700,000 shares for $19.4 million."


by MacNN Staff

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