Printed from http://www.electronista.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.


Share



By Electronista Staff
toggle

Comments

Login Here

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

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Kenu Airframe Plus

Simple, stylish and effective, the Kenu Airframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this y ...

Plantronics Rig Surround 7.1 headset

Trying to capture the true soundscape of video games can be a daunting task. Looking to surround-sound home theater options, users hav ...

Adesso Compagno X Bluetooth keyboard

The shift from typing on physical keyboards to digital versions on smartphones and tablets hasn't been an easy for many consumers. Fro ...

Sponsor

toggle

Most Commented

 
toggle

Popular News