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(1)
Annual Compensation
Compensation
Name and Principal Position
Fiscal
Year
Salary
($)
Bonus
($)
Restricted
Stock Award
($)
Securities
Underlying
Options*
(#)
All Other
Compensation
($)
Steven P. Jobs
Chief Executive Officer
2003
2002
2001
1
1
1
—
2,268,698
43,511,534
(2)
(2)
74,750,000
(1)
—
7,500,000
—
(
1)
—
1,302,795
40,484,594
(2)
(2)
Fred D. Anderson
Executive Vice President and Chief
Financial Officer
2003
2002
2001
656,631
656,631
657,039
—
—
—
—
—
—
—
—
1,000,000
11,450
11,000
7,312
(3)
(3)
(3)
Timothy D. Cook
Executive Vice President,
Worldwide Sales and Operations
2003
2002
2001
617,673
563,829
452,219
—
—
500,000
—
—
—
—
—
1,000,000
9,929
8,025
7,875
(3)
(3)
(3)
Ronald B. Johnson
Senior Vice President, Retail
2003
2002
2001
452,404
452,404
452,429
1,500,000
—
—
—
—
—
—
300,000
300,000
—
—
—
Avadis Tevanian, Jr. Ph.D
Senior Vice President, Chief
Software Technology Officer
2003
2002
2001
456,731
492,212
460,873
—
—
500
—
—
—
—
—
1,000,000
11,962
10,700
10,200
(3)
(3)
(3)
In March 2003, Mr. Jobs voluntarily cancelled all of his outstanding options, excluding those granted to him in his capacity as a
director. In March 2003, the Board awarded Mr. Jobs five million restricted shares of the Company's Common Stock which generally
vest in full on the third anniversary of the grant date.
(2)
In December 1999, Mr. Jobs was given a special executive bonus for past services as the Company's interim Chief Executive Officer, in
the form of an aircraft with a total cost to the Company of approximately $90,000,000. 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 $1.3 million in related tax assistance was
reported as income to Mr. Jobs.
(3) Consists of matching contributions made by the Company in accordance with the terms of the 401(k) plan.
107
Option Grants in Last Fiscal Year
There were no options granted to the Named Executive Officers during fiscal year 2003.
Options Exercised and Year-End Option Holdings
The following table provides information about stock option exercises by the Named Executive Officers during fiscal year 2003 and stock
options held by each of them at fiscal year-end.
AGGREGATED OPTION EXERCISES IN THE LAST FISCAL YEAR
AND FISCAL YEAR-END OPTION VALUES
Number of Securities Underlying
Unexercised Options at Fiscal
Year-End (#)
Value of Unexercised
In-the-Money Options at Fiscal Year-End
($)(1)
Name
Shares
Acquired
on Exercise
(#)
Value
Realized
($)
Exercisable
Unexercisable
Exercisable
Unexercisable