APPLE CEO Tim Cook got a relatively modest $US4.2 million ($4 million) in pay for the latest fiscal year, after the company's board set him up with stock now worth $US510 million for taking the reins in 2011.
Mr Cook's pay for fiscal 2012, which ended in September, consisted of $US1.4 million in salary, a bonus of $US2.8 million, and $US17,000 in company contributions to his 401(k) account and life insurance premiums, according to a filing.
Apple's board saw no need to grant Mr Cook additional shares in 2012 after the sign-on grant of 1 million shares in 2011. Half of those shares vest in 2016 and the other half in 2021.
Mr Cook did vest into shares worth $US140 million in 2012. Those shares were granted earlier, when he was chief operating officer.
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