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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.
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
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
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
smart move
09/04, 06:46pm reply
'nuff said
devilla101
Fresh-Faced Recruit
Joined: Dec 2003