toggle

AAPL Stock: 101.63 ( -0.03 )

Printed from http://www.macnn.com

Apple heads donate over $3 million in stock

updated 04:00 pm EST, Wed December 29, 2010

Recipients go unlisted

Two executives and two board members at Apple donated over $3 million in stock this month, according to Securities and Exchange Commission filings. All of the donations took place between the 10th and the 17th; the biggest one is noted to have been made by board member Millard Drexler, also currently the CEO of J. Crew. He donated 6,800 shares on December 14th at a closing price of $320.29 per, making the offering worth about $2.178 million.

The other donors include senior hardware VP Robert Mansfield, who gave away 1,562 shares at a value of approximately $500,715. CFO Peter Oppenheimer made a contribution of 1,320 shares worth $423,205, while board member Arthur Levinson handed out just 277 shares, nevertheless worth $88,809. As the targets of the donations are unlisted, it is unclear whether they were charitable gifts or presented to individuals.






by MacNN Staff

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Autodesk Smoke 2015

Since May of this year, Autodesk has been shipping the highly anticipated update to its high-end post-production video editing suite, ...

Crucial MX100 256GB SATA-3 SSD

While the price to gigabyte ratio for magnetic platter-based hard drives can't be beat, the speed that a SSD brings to the table for ...

Narrative Clip

With the advent of social media technology, people have been searching for new ways to share the events of their daily lives -- be it ...

toggle

Most Commented