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Apple discloses executives compensation

Apple today filed documents with the Securities and Exchange Commission, disclosing the compensation granted to CEO Steve Jobs and other Apple executives for their work last year, according to c|net. While Jobs again only received a US$1 salary for the year, he was granted 7.5 million stock options at an exercise price of $18.30. Currently only 25 percent of the options are exercisable, with the remainder vesting annually over the next three years. Other top executives earned higher base salaries, ranging from $460,873 to $657,039. In 2000, Jobs received 20 million options — currently worth nothing, as they carry an exercise price of $45.59 — as well as $90 million Gulfstream V jet.

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