Apple awarded top executive leadership nearly 36,000 restricted stock units each, which at current prices would net over US$19 million, per U.S. Securities and Exchange Commission filings, as noted by “AppleInsider” (http://tinyurl.com/l8hb9py).
In the identical filings, six Apple executives were awarded 35,780 RSUs each, the bulk of which are scheduled to vest in three intervals through 2018. As it has in the past, the company is likely issuing the restricted units as an incentive to keep production levels high, notes “AppleInsider.”