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Apple Senior VP Exercises Options

Posted October 31st, 2007 by Shawn

From Forbes
Apple's senior VP of retail, Ron Johnson, exercised options for and sold 700,000 shares of common stock, according to a Securities and Exchange Commission filing Tuesday.

Johnson reported he exercised options for the shares Friday for $23.72 apiece, and then sold all of the shares the same day for $185 to $185.21 apiece. That's a net of over $112 million.

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