Tim Cook's ability is linked to Apple's performance on the stock market.
In 2013, two years after Cook became CEO, Apple updated its compensation plan with large stocks of shares that would be acquired if Apple were better than two-thirds of the S & P 500 over a three-year period, an index of 500 of the largest audience. American companies.
Apple has risen 31% in the last 12 months and has surpassed 81% of the shares in the index, according to reports from Bloomberg and CNBC. Apple is also the first company with a sustained $ 1 trillion, which it reached earlier this month.
That means that Cook is in line to receive a huge payday: 560,000 shares, the maximum amount possible, worth more than $ 120 million at the closing price of Wednesday of $ 215.05.
If the 57-year-old executive receives the full number of shares, then this is the fifth consecutive time that he has received the maximum payout.
Unprecedented Cook shares are actually the largest part of its estimated assets of $ 625 million. He currently owns 878,425 Apple shares, valued at approximately $ 188 million.
Cook said in 2015 that he intends to donate his entire assets to charity. On Tuesday, he donated almost $ 5 million worth of Apple shares to an unspecified charity, according to a SEC application.