Apple 1999 Annual Report Download - page 75

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ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
The following table sets forth certain information as of November 30, 1999 (the "TABLE DATE") with respect to the beneficial ownership of
the Company's Common Stock by (i) each person the Company believes beneficially holds more than 5% of the outstanding shares of Common
Stock; (ii) each director; (iii) each Named Executive Officer listed in the Summary Compensation Table under the heading "EXECUTIVE
COMPENSATION" and (iv) all directors and executive officers as a group. On the Table Date, 161,159,281 shares of Common Stock were
issued and outstanding. Unless otherwise indicated, all persons named as beneficial owners of Common Stock have sole voting power and sole
investment power with respect to the shares indicated as beneficially owned.
SECURITY OWNERSHIP OF DIRECTORS, NOMINEES AND EXECUTIVE OFFICERS
(1) All amounts listed in this table represent less than 1% of the issued and outstanding shares of Common Stock on the Table Date.
(2) Includes 62,500 shares of Common Stock which Mr. Anderson has the right to acquire by exercise of stock options.
(3) Includes 20,000 shares of Common Stock which Messrs. Campbell, Chang, Ellison, Jobs and York each have the right to acquire by
exercise of stock options.
(4) Constitutes 197,980 shares of Common Stock which Mr. Mandich has the right to acquire by exercise of stock options.
(5) Includes 75,000 shares of Common Stock which Mr. Rubinstein has the right to acquire by exercise of stock options.
(6) Represents shares of Common Stock held by 14 executive officers and directors and options held by such individuals that were exercisable
at the Table Date or within 60 days thereafter.
ITEM 13. ARRANGEMENTS WITH NAMED EXECUTIVE OFFICERS
EMPLOYMENT AGREEMENTS WITH NAMED EXECUTIVE OFFICERS
The Company entered into an employment agreement with Mr. Anderson effective April 1, 1996, pursuant to which he serves as Executive
Vice President and Chief Financial Officer of the Company. Pursuant to his agreement, Mr. Anderson is entitled to an annual base salary of no
less than $500,000. If Mr. Anderson's employment is terminated by the Company without "Cause" at any time during the five-year period
following April 1, 1996, he will be entitled to receive a lump sum severance payment equal to the sum of his annual base salary and target
bonus, if any. Mr. Anderson's agreement generally defines
71
SHARES OF COMMON STOCK
NAME OF BENEFICIAL OWNER BENEFICIALLY OWNED(1)
------------------------ ----------------------
Fred D. Anderson....................................... 63,836(2)
William V. Campbell.................................... 20,251(3)
Gareth C. C. Chang..................................... 22,000(3)
Timothy D. Cook........................................ 0
Millard S. Drexler..................................... 0
Lawrence J. Ellison.................................... 20,000(3)
Steven P. Jobs......................................... 20,001(3)
Mitchell Mandich....................................... 197,980(4)
Jonathan Rubinstein.................................... 77,319(5)
Edgar S. Woolard, Jr................................... 18,000
Jerome B. York......................................... 30,000(3)
All executive officers and directors as a group
(14 persons)......................................... 781,315(6)