3/26/2008

Al Gore and Apple

Ugh. Talk about a spot on the Apple. Here's an article from Fortune talking about Gore's financial connection to Apple.

Al Gore Gets 10,000 Apple Options
Former vice president Al Gore, who sits on Apple’s compensation committee and supervised the company’s internal investigation of its option backdating case, has been granted options to buy 10,000 shares of Apple (AAPL) at the strike price of $129.67, according to Jonny Evans at Macworld UK.

With Apple shares closing at $140.98 Tuesday night, the options would be worth $113,100 if exercised today. Should Apple reach its 2007 high of 202.96 before the options expire in 10 years, the grant would be worth more than $730,000. Taxes not included.

2 comments:

Super Zoe said...

But he invented the internet! He should get millions!

Don't worry, ntyamb - I am sure he will use all profits to buy SmartCars for the homeless.

Super Zoe said...

And really, when are you getting Twitter?! Seriously. Get Twitter or be a twit!