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Apple CEO collected $89M in vested stock

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Apple Inc. CEO Tim Cook late last week was awarded 560,000 in vested apple shares worth $89.2 million.

Half of the stock awards were for meeting company performance goals. In order for Cook to earn the performance options, Apple's stock had to outperform two-thirds of S&P 500 companies during the past three years.

Cook yesterday sold $43 million worth of his stock, according to a U.S. Securities and Exchange Commission filing.

Read more from MarketWatch.

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