Eddy Cue sells Apple shares and raises more than $ 37 million

Eddy Cue sells Apple shares and raises more than $ 37 million

Eddy Cue

Following Apple's restricted stock release saga, Eddy Cue he took the opportunity to sell what he was entitled to and get a little richer with it.

According to a SEC filing, Cue sold 335,000 shares of Apple for an average of $ 111.86 each, raising more than $ 37 million for you.

These shares are part of those 525 thousand pocketed by the executive in September, which, until then, were worth US $ 59.6 million. Having left 256,305 of the shares with Apple in order to satisfy the tax requirements and transferred 268,695 to a family fund, there are now 1,464 Ma papers left for Cue.

Another Apple executive, Dan Riccio, also pocketed 33,323 shares worth $ 110.90 each, which earned him approximately $ 3 million.

(via MacRumors)