Apple 2000 Annual Report Download - page 68

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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, 4 or 5 or written representations
that no Forms 5 were required, the Company believes that, during fiscal year 2000, 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, 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
* Adjusted to reflect the Company's two-for-one stock split in June 2000
(1) In December 1999, Mr. Jobs was given a special executive bonus for serving as the Company's interim Chief Executive Officer for the past
2 1/2 years without compensation, in the form of an aircraft with a total cost to the Company of approximately $90,000,000. In January 2000,
Mr. Jobs accepted the position of Chief Executive Officer of the Company.
(2) Consists of matching contributions made by the Company in accordance with the terms of the 401(k) plan.
(3) Consists of $22,500 in relocation assistance and $7,200 in matching contributions made by the Company in accordance with the terms of
the 401(k) plan.
(4) Includes the replacement of 500,000, 448,500 and 600,000 options that were previously granted to Messrs. Anderson, Mandich and
Rubinstein, respectively, and canceled in fiscal 1998 pursuant to the December 1997 stock option exchange program.
65
SECURITIES
UNDERLYING ALL OTHER
NAME AND FISCAL SALARY BONUS OPTIONS* COMPENSATION
PRINCIPAL POSITION YEAR ($) ($) (#) ($)
------------------ -------- -------- ---------- ------------ ------------
ANNUAL COMPENSATION LONG-TERM
COMPENSATION
Steven P. Jobs................................ 2000 1 90,000,000(1) 20,000,000 --
Chief Executive Officer 1999 1 -- -- --
1998 1 -- -- --
Fred D. Anderson.............................. 2000 660,414 -- -- 6,750(2)
Executive Vice President 1999 605,260 -- 950,000 29,700(3)
and Chief Financial Officer 1998 604,283 -- 500,000(4) 60,123(5)
Ronald B. Johnson............................. 2000 328,719 500,000(6) 1,200,000 111,444(7)
Senior Vice President, 1999 -- -- --
New Business Development 1998 -- -- --
Mitchell Mandich.............................. 2000 453,444 -- -- 7,650(2)
Senior Vice President, 1999 402,941 -- 775,752 7,200(2)
Worldwide Sales(8) 1998 402,253 -- 916,668(4) 8,118(2)
Jonathan Rubinstein........................... 2000 451,949 -- -- 6,577(2)
Senior Vice President, 1999 402,200 -- 458,334 5,888(9)
Hardware Engineering 1998 402,095 -- 600,000(4) 4,804(2)