Steve Jobs deposition, page 42, March 18, 2009[ << page 42 >> ] img
12 bi!
10:08:51
being A. To make these grants.
Q. Okay.
A. There had been a lot of discussion around
it both in board meetings and individually with 10:08:57
people, board members:
And so that's my recollection.
Q. Okay. At the end of 2000 then, do you
recall having approval from the board as to the date
10:09:20
on which the options would be granted?
A. No. I mean, that is mechanics. That a- I
don't think we would have talked about that. I
don't recall anything that we talked about that.
Q. And, likewise, then, do you recall, again
focusing on the end of 2000, whether you had 10:09:39
approval from the board as to the strike price a
First of all, do you understand the term
"strike price"?
A. Yeah. The exercise price.
10:09:50
Q. The exercise price for the grant.
A. I understand that.
Q. And did you have approval from the board as
to an exercise price at the end of 20002
A. Again, we never would have talked about
that. That just would have been in the mechanics of 10:10:00
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