Disney CEO Gets 142 Shares for Joining Apple Board

Disney CEO Robert Iger received 142 restricted shares that vest next February for joining the Apple board, reports CNN Fortune.

At Apple's current price the shares are worth: 142 x $376.54 = $53468.68


That's comparable to the grants offered other Apple directors. When Andrea Jung joined the board in January 2008, she received 3,000 restricted shares, but those shares had a strike price ($180.05) and took three years to become totally vested.

Those shares are a small amount of money for Iger who made in $29 million from Disney in 2009 alone.

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