Half of the options can be exercised in 2013 and the rest in 2016.
Apple has handed out options to several senior executives in a bid to keep its top team in place following the death of co-founder and chief executive Steve Jobs last month.
Executives receiving the grants include chief financial officer Peter Oppenheimer, general counsel Bruce Sewell, hardware engineering senior vice-president Robert Mansfield, operations chief Jeffrey Williams and iOS software leader Scott Forstall.
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This article was first published on marketingmagazine.co.uk
The Daily Mail’s website, the MailOnline, is closing on the New York Times as it records its biggest day for global daily unique browsers as it racked up 9,558,256 to the site and its apps on April 16.