Apple CEO Tim Cook earned $98.7 million in base salary, stock, and other compensation, according to a statement that Apple filed with the SEC today.
Cook received a base salary of $3 million and a stock award of $82 million. The stock award includes performance-based stock awards and time-based stock awards, and will vest over time. None of this stock has vested yet.
Cook had more than 5 million shares vest in the year 2021. The $754 million does not count as part of his compensation package because they were granted earlier.
Cook received a salary of $3 million and an $82 million stock grant, as well as non-equity incentive plan compensation of $12 million. The other compensation includes a vacation payouts, security expenses, and personal air travel. Cook is required to use a private plane for security reasons.
Cook earned $14.8 million in 2020, not counting stock awards that vested during that time period. Cook's net worth has risen to more than $1 billion since 2020, and it may soon surpass that, as he has recently been given stock awards.
Apple executives such as Luca Maestri, Kate Adams, Jeff Williams, and Deidre O'Brien were paid between $26 million and $27 million.
