valleywag.com— Ron Johnson, Apple's senior VP of retail, exercised options for 700,000 shares of AAPL at a strike price of $23.72 yesterday. He sold later in the day at around $185. That's a net of over $112 million.
Oct 31, 2007View in Crawl 4
I know it causes concern when a senior vice president sells (excercises) 700,000... maybe he knows the stock is going to take a diveOR...Maybe he sold them to Steve...what kind of concern would that indicate? what would it mean if Steve picked up the 700,000 shares?
Closed AccountNov 1, 2007
Meanwhile, stockholders STILL aren't getting any dividends. That's INEXCUSABLE.
leesoongNov 1, 2007
"...and you didn't"Thanks for the clarification there, I might have been confused.
iburydupesNov 12, 2007
I know it causes concern when a senior vice president sells (excercises) 700,000... maybe he knows the stock is going to take a diveOR...Maybe he sold them to Steve...what kind of concern would that indicate? what would it mean if Steve picked up the 700,000 shares?
nubbaFeb 4, 2008
Check out my comment made a few months ago - AAPL stock has stumbled down to levels which I thought were more realistic. check the P/E. :)<a class="user" href="http://digg.com/apple/Apple_SVP_made_112_million_yesterday_and_you_didn_t?t=10262266">http://digg.com/apple/Apple_SVP_made_112_million_y ...</a>