4573553

Does this mean that Steve Jobs is selling almost half his Apple stock?

6 Comments

  1. Posted March 22, 2006 at 5:51 pm | Permalink

    Um, like almost 300 million dollars? Maybe he wants to do an endowment of his own.

    Any idea of the significance of the number of shares?

  2. Posted March 22, 2006 at 7:11 pm | Permalink

    i waded thru the cesspool that is finance.yahoo AAPL message boards to see if anyone was panicking:

    http://finance.messages.yahoo.com/bbs?action=m&board=4686874&tid=aapl&sid=4686874&mid=748622

    not sure if its true, but it would explain why its not bigger news?

  3. Posted March 22, 2006 at 7:29 pm | Permalink

    I hate to say it, but it’s likely what Cringley mentioned about the Disney aquisition of Pixar: this is estate planning

  4. Posted March 22, 2006 at 9:05 pm | Permalink

    I’m not sure how these things work in the US… but I can’t believe he would be allowed to do it without warning officially the markets.

  5. Benton
    Posted March 23, 2006 at 3:49 am | Permalink

    The Yahoo post is utter nonsense. Vesting of shares is not a taxable event.

  6. Posted May 12, 2006 at 7:53 pm | Permalink

    This is the definition of the type of sale that it was:

    F — Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exerciseor vesting of a security issued in accordance with Rule 16b-3


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