From: iGenesis | #001
for the next 9.5 years of service as CEO.
To be more technical, 500K shares will vest in August 2016, and 500K more shares will vest in August 2021. The $422M figure comes from AAPL's latest closing price of $422. ($422/share * 1M shares = $422M. Go figure.) AAPL's share price could be very different in 2016 or 2021, but either way, it's a disgusting sum of money on top of the $800M or so he's already taken from the company.
http://market (space) watch.com/story/apple-ceo-cook-gets-1-mln-share-retention-award-2012-01-09?dist=afterbell
Another reason (in a lengthy list) why Apple is a f***ing joke.
(Full disclosure: No positions in Apple stock. Personally boycotting all Apple products, effective through year 2049.)
... you ARE aware that Jobs took his 1$ salary because of his Disney stocks, right?
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There's always hope for better things in life. But you can't let anything, friend, lover, God himself, be your hope. You have to be your own hope.