Apple 1999 Annual Report Download - page 71

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SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE
Section 16(a) of the Securities Exchange Act of 1934, as amended, requires the Company's officers and directors, and persons who own more
than ten percent of a registered class of the Company's equity securities, to file reports of securities ownership and changes in such ownership
with the Securities and Exchange Commission (the "SEC"). Officers, directors and greater than ten percent shareholders also are required by
rules promulgated by the SEC to furnish the Company with copies of all Section 16(a) forms they file.
Based solely upon a review of the copies of such forms furnished to the Company, the absence of a Form 3 or Form 5 or written representations
that no Forms 5 were required, the Company believes that, during fiscal year 1999, its officers, directors and greater than ten percent beneficial
owners complied with all applicable Section 16(a) filing requirements.
ITEM 11. EXECUTIVE COMPENSATION
INFORMATION REGARDING EXECUTIVE COMPENSATION
The following table summarizes compensation information for the last three fiscal years for (i) Mr. Jobs, interim Chief Executive Officer and
(ii) the four most highly compensated executive officers other than the Chief Executive Officer who were serving as executive officers of the
Company at the end of the fiscal year (collectively, the "NAMED EXECUTIVE OFFICERS").
SUMMARY COMPENSATION TABLE
(1) Mr. Jobs was granted 30,000 stock options in his capacity as a director of the Company pursuant to the 1997 Director Stock Option Plan.
(2) Consists of $22,500 in relocation assistance and $7,200 in matching contributions made by the Company in accordance with the terms of
the 401(k) plan.
(3) Includes the replacement of 250,000, 224,250 and 300,000 options that were previously granted to Messrs. Anderson, Mandich and
Rubinstein, respectively, and canceled pursuant to the December 1997 stock option exchange program. Other than the replacement options,
Messrs. Anderson and Rubinstein were not granted any options during the fiscal year.
67
SECURITIES
RESTRICTED UNDERLYING ALL OTHER
NAME AND FISCAL SALARY BONUS STOCK AWARDS OPTIONS COMPENSATION
PRINCIPAL POSITION YEAR ($) ($) ($) (#) ($)
------------------ -------- -------- -------- ------------ ------------ ------------
ANNUAL COMPENSATION LONG-TERM
COMPENSATION
Steven P. Jobs...................... 1999 1 -- -- -- --
interim Chief Executive Officer 1998 1 -- -- -- --
1997 -- -- -- 30,000(1) --
Fred D. Anderson.................... 1999 605,260 -- -- 475,000 29,700(2)
Executive Vice President 1998 604,283 -- -- 250,000(3) 60,123(4)
and Chief Financial Officer 1997 520,311 -- 40,748(5) 850,000(6) 250,489(7)
Timothy D. Cook..................... 1999 401,940 -- -- 300,000 29,519(8)
Senior Vice President, 1998 223,953 500,000(9) -- 700,000 90,849(10)
Worldwide Operations 1997 -- -- -- -- --
Mitchell Mandich.................... 1999 402,941 -- -- 387,876 7,200(11)
Senior Vice President, 1998 402,253 -- -- 424,250(3) 8,118(11)
Worldwide Sales 1997 174,348 104,000 -- 565,050(6)(12) 1,730(11)
Jonathan Rubinstein................. 1999 402,200 -- -- 458,334 5,888(13)
Senior Vice President, 1998 402,095 -- -- 300,000(3) 4,804(11)
Hardware Engineering 1997 250,262 100,000 19,108(5) 700,000(6) 1,864(11)