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Google CEO declines Apple options grant

updated 05:40 pm EDT, Fri September 1, 2006

Schmidt declines options

Apple said in a filing on Friday that Google CEO Eric Schmidt has declined stock options offered to new directors and will instead buy shares on the open market. The company said that Schmidt turned down the automatic stock option grant to purchase 30,000 shares, to which new directors are entitled to under a company stock option plan. Instead, Schmidt intends to purchase 10,000 shares of Apple stock on the open market.

 
Previous Comments

haha

09/01, 06:14pm reply

so its true google people are smart :-) 'Apple' and 'stock' in the same sentence as my name? RUN!

l008com

Professional Poster

Joined: Jan 2000

0

playing it safe

09/02, 12:19am reply

hasn't there been a bit of a legal tizzy surrounding apple's use of stock options? i think he's a bit nervous. ;P

flur

Fresh-Faced Recruit

Joined: Apr 2002

0

any current AAPL...

09/03, 08:11pm reply

...stock transaction would be so transparent it is ridiculous. he's not "scared" of anything, it's likely just a PR thing.

rtbarry

Fresh-Faced Recruit

Joined: Aug 2001

0

smart move

09/04, 06:46pm reply

'nuff said

devilla101

Fresh-Faced Recruit

Joined: Dec 2003

0

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