First noted by The Next Web, recently promoted Bob Mansfield cashed in 35,000 shares of AAPL stock at $582.21 a share. That is worth a fat check of $20,377,507.50, as a U.S. Securities and Exchange Commission filing also revealed today. This is Mansfield’s second time cashing in the stock that he was awarded in 2005. His first cash-in was in 2009.
While Mansfield was set to retire from Apple in June, he was appointed Senior Vice President of Technologies under Apple’s major exec shake-up. The longtime-exec has 29,548 shares remaining, and he will gain another 150,000 shares in June 2013 and March 2016 if he remains with CEO Tim Cook and Co.
Either Bob Mansfield changed his middle name or Apple typo’d in their SEC filing. http://t.co/LwmuYCf2—
Mark Gurman (@markgurman) November 29, 2012