apple news/media reports

09/01/2006, 5:40pm, EDT

Friday, September 1st

Google CEO declines Apple options grant

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.


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l008com
haha
0
09/01, 6:14pm, EDT
so its true google people are smart :-) 'Apple' and 'stock' in the same sentence as my name? RUN!
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flur
playing it safe
0
09/02, 12:19am, EDT
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
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rtbarry
any current AAPL...
0
09/03, 8:11pm, EDT
...stock transaction would be so transparent it is ridiculous. he's not "scared" of anything, it's likely just a PR thing.
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devilla101
smart move
0
09/04, 6:46pm, EDT
'nuff said
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Joined Dec 2003
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