Reuters reports that former U.S. Vice President Al Gore received 30,000 stock options for joining the board of Apple this month, according to a Securities and Exchange Commission filing released on Monday. In the filing, the company said it gave Gore 30,000 stock options with an exercise price of US$14.95. He could exercise options for 10,000 common shares in March 2004, another 10,000 in 2005 and the final 10,000 in 2006. The package expires in 2014. The options reflect Apple’s standard compensation for non-executive directors, as described in the company’s proxy statement filed last week.
