MacNN | Al Gore purchases $29.6 million in Apple stock for $441,000
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
Al Gore purchases $29.6 million in Apple stock for $441,000
Thursday, January 17, 2013 @ 8:43pm

A US Securities and Exchange Commission filing was made on Thursday, showing that Apple board member and former US Vice President Al Gore purchased 59.000 shares of Apple stock, currently worth over $29.6 million dollars. As a result of his board membership options, Gore paid $7.475 per share, paying $441,000 out of pocket for the shares.



The filing, called a "statement of changes in beneficial ownership" is required when any board member or executive-level staffer purchases or sells stock in a publicly-held company. Gore still has 61,574 share options available to purchase at a steep discount following this transaction. Gore has purchased shares twice before, once in January of 2008, and once in March in 2008. He was awarded 30,000 shares in 2003 after he joined Apple's board of directors, at a price of $14.95 per share.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:

  • Chase debuts new TV ad promoting Apple Pay partnership - 7:52 PM EST
  • New iCloud features being held back by 'deep organizational issues' - 3:58 PM EST
  • HitFilm 3 Pro gets new interface design, 3D effects - 3:04 PM EST
  • Older WordPress sites affected by critical cross-site scripting bug - 2:14 PM EST
  • Briefly: Call Recorder for FaceTime, Patriot upgrades LX Series - 1:31 PM EST
  • Commerce Bank gains support for Apple Pay - 1:21 PM EST
  • T-Mobile expands Music Freedom roster to cover 14 more services - 12:47 PM EST
  • Monday Deals: reconditioned 27-inch iMacs, Samsung HDTVs - 12:21 PM EST
  • App Store downloads surge in October off iPhone 6, 6 Plus sales - 11:28 AM EST
  • Watchmakers issue cease-and-desists to smartwatch face creators - 10:38 AM EST
  • 'Apps for (RED)' among Apple efforts for World AIDS Day - 9:29 AM EST

    Today's iPodNN Stories:
  • Hackers target Sony Pictures, took over computers, stole documents - 7:08 PM EST
  • Samsung shipping 4K-capable NX1 mirrorless camera in US this week - 6:30 PM EST
  • Study from CMA says music streaming drives sales better than radio - 4:46 PM EST
  • Briefly: Red BlackBerry Passport pre-orders, Redbox rental rises - 2:54 PM EST
  • BT reportedly in talks to acquire O2, EE UK mobile phone networks - 11:30 AM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.