Aug 28


MacRumors Reported that Apple filed a form 8-K with the SEC because of the changes in corporate leadership at the company. Notably, Apple has awarded 1,000,000 stock shares to new CEO Tim Cook. At this time 1 AAPL stock is worth $383, so that means a total of 383 Million dollar.

In connection with Mr. Cooks appointment as Chief Executive Officer, the Board awarded Mr. Cook 1,000,000 restricted stock units. Fifty percent of the restricted stock units are scheduled to vest on each of August 24, 2016 and August 24, 2021, subject to Mr. Cook’s continued employment with Apple through each such date.

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