Apple's Jeff Williams and Bruce Sewell Cash In Nearly $15 Million Worth of Apple Shares Each
Filings with the SEC reveal that Apple executives Jeff Williams and Bruce Sewell cashed in tens of thousands of shares of Apple stock on Monday, reports MacRumors.
Bruce Sewell, Apple’s general counsel and Senior Vice President of Legal and Government Affairs, sold 37,172 shares for approximately $15 million while Jeff Williams, who serves as Apple’s Senior Vice President of Operations, sold off 36,819 shares of stock, also earning approximately $15 million.
Sewell and Williams were awarded 150,000 RSUs in 2011 as incentive to remain employed at Apple. Half those shared vested on June 21, 2013. The other half are set to vest on March 21, 2016.