Apple 2002 Annual Report Download - page 71

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Based solely upon a review of the copies of such forms furnished to the Company or written representations that no Forms 5 were required, the
Company believes that, during fiscal year 2002, 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
(1)
Annual Compensation
Long-Term
Compensation
Name and Principal Position
Fiscal
Year
Salary
($)
Bonus
($)
Securities Underlying
Options*
(#)
All Other
Compensation
($)
Steven P. Jobs
Chief Executive Officer
2002
2001
2000
1
1
1
2,268,698
43,511,534
(1)
(1)
7,500,000
—
20,000,000
1,302,795
40,484,594
—
(1)
(1)
Fred D. Anderson
Executive Vice President and Chief Financial
Officer
2002
2001
2000
656,631
657,039
660,414
—
—
—
—
1,000,000
—
11,000
7,312
6,750
(2)
(2)
(2)
Timothy D. Cook
Executive Vice President, Worldwide Sales and
Operations
2002
2001
2000
563,829
452,219
451,673
—
500,000
—
(
3)
—
1,000,000
—
8,025
7,875
6,352
(2)
(2)
(2)
Jonathan Rubinstein
Senior Vice President, Hardware Engineering
2002
2001
2000
452,588
469,737
451,949
—
—
—
—
1,000,000
—
9,996
7,875
6,577
(2)
(2)
(2)
Avadis Tevanian, Jr. Ph.D
Senior Vice President, Software Engineering
2002
2001
2000
492,212
460,873
451,673
—
500
—
(
4)
—
1,000,000
—
10,700
10,200
10,200
(2)
(2)
(2)
In December 1999, Mr. Jobs was given a special executive bonus for serving as the Company's interim Chief Executive Officer for past
services, in the form of an aircraft with a total cost to the Company of approximately $90,000,000. This amount was previously reported
as a bonus for fiscal year 2000 in the Company's 2000 Form 10-K and 2000 Proxy Statement. Because the aircraft was transferred to
Mr. Jobs in 2001, the amount of approximately $43.5 million paid by the Company during fiscal year 2001 towards the purchase of the
plane and the related tax assistance of approximately $40.5 million was reported as income to Mr. Jobs. In fiscal 2002, approximately
$2.27 million paid by the Company towards the purchase of the plane and approximately $1.3 million in related tax assistance was
reported as income to Mr. Jobs. Accordingly, the $90 million previously reported as a bonus in 2000 has been removed from the table
above, and the amounts reported as taxable income by Mr. Jobs related to the aircraft during each of fiscal 2001 and 2002 is reported as
compensation.
(2) Consists of matching contributions made by the Company in accordance with the terms of the 401(k) plan.
(3) A special executive bonus was given to Mr. Cook for accepting the position of Senior Vice President, Worldwide Sales Service &
Support in addition to holding the position of Senior Vice President Operations. In January 2002, Mr. Cook was named Executive Vice
President, Worldwide Sales and Operations.
(4) Patent award.
92