Steve Jobs deposition, page 87, March 18, 2009[ << page 87 >> ] img
Q. All right. And do you recall approximately
when in 2001 it was that Apples board approved an
options grant of 7.1 million shares?
A. This is the August grant
A. -- right? Is that the one?
Q. Well, I'm going to avoid characterizing it.
I'm just trying to get your memory then.
A, Well, my memory, if its the one youre
talking about, which I think it is, was August of
Q. And do you have a sense of why you think
that grant was in August?
A. Because the board approved it in Auguse
Q. Okay. And prior to the board's approval of
this grant to you, was there a negotiation process
that you went through with the company or members of
the board to work on this grant, for lack of a
better way to put it?
Q. Could you just tell me a little bit about
the process of how this all came to be?
A. Well, it was a tough situation, you know.
It wasn't so much about the money, because a very
small percentage of my net worth is from Apple.
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