01-10-2012, 02:59 PM
Will Collier wrote:
[quote=mrbigstuff]
generally, I adamantly oppose these ridiculous compensation packages, but I think this fact is germane to the issue: Half of the stock units will vest in August 2016, the other half in August 2021
Bingo. If the company doesn't perform during that time, he won't make anywhere near that much money. If it does, he'll have earned it.
He got a million shares. If AAPL fall to $50 he still makes a nice haul. A lot more than his salary is paying him over those 4-9 years.