Home | Business News | Browse by Publication | L | Los Angeles Business Journal

Apple restructures Jobs'' stock option package. (Up Front).

Publication: Los Angeles Business Journal
Publication Date: 14-APR-03 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Apple restructures Jobs'' stock option package. (Up Front).(Apple Computer head Steve Jobs)

Article Excerpt
The cracks are beginning to show in the stock-option edifice built by Silicon Valley over several decades.

Apple Computer Inc.'s Steve Jobs is handing back 27.5 million underwater option shares and is taking in return, not more option shares with a lower strike price but 5 million free shares.

The company filed its planned exchange with the Securities and Exchange Commission under the headline: "Apple Enhances Corporate Governance."

To use a favorite phrase of Matthew Ward, head of Westward Pay Strategies, a San Francisco-based compensation-consulting firm, giving Out free shares is what...

Access Full Article, Compliments of Goliath

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from Los Angeles Business Journal
Hospital advocates still angry despite Tenet's change of heart. (Healt..., April 14, 2003
New plan. (Health Care).(WattsHealth Foundation Inc. community health ..., April 14, 2003
Premium relief. (Health Care).(State Senator Liz Figueroa introduces b..., April 14, 2003
Severe funding drought in biotech. (Up Front).(for the San Diego biote..., April 14, 2003
DirecTV deal raises balance sheet concerns for Murdoch's fox brands. (..., April 14, 2003

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.