Here's how much money Apple CEO Tim Cook made in 2021.💸
The pay disclosure comes after a stellar year for Apple in which it reported 33% revenue growth and more than $365 billion in sales. The disclosure covers Apple's fiscal year, which began in September 2020 and ran through September 2021.$12 million bonus for hitting Apple financial and environmental sustainability goals
The second part is also 333,987 shares of Apple, but the grant is performance-based, and the number of shares Cook receives could double or go to zero based on Apple's stock performance. These shares will vest in Oct. 2023 and were valued at $44.85 million at the time of the grant. These shares will also vest if Cook retires, although a compensation committee of the board of directors can stop it, according to the filing.
, worth over $754,000,000 at the time, according to the filing. Those shares were granted back in 2011, around the time that Cook took over as CEO.
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