His Steveness’ famous $1-per-year salary doesn’t quite cover some of the other financial gains that he’s allowed to partake in.
Such, as say, stock options — the practice where you can buy Apple stock at a ridiculously low price.
Bloomberg reports that “[he] may have made a potential profit of $13.7 million by exercising options to buy shares.
He bought 120,000 shares for about $5.75 apiece this week, according to a regulatory filing yesterday. Cupertino, California-based Apple gave Jobs the options under a 1997 plan for directors, according to an April filing.”
Today AAPL is trading around $114 a share.
