Steve Jobs deposition, page 91, March 18, 2009


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A. I dont remember.
Q. And, again, I kind of want to get you to
characterize how the conversation went in the sense,
did you make some sort of proposal and everyone
says, yes, that sounds great, or was this something
that was negotiated over time?
A. No, it was - it was - well - it was sort
of a painful period, so I probably dont remember as
much as I might otherwise. But it dragged on before
August. It was, you know, months, as I recall, just
faintly.
And then even after they approved the grant
in August, there was some discussions around the
vesting schedule because I'd felt that I'd worked
for a lot of years and some of that ought to be
reflected in some of it being prevested.
The other discussion around that timeframe
was that I'd already had this 20 million option
share grant that was underwater and I wanted to
return it to the company, because I'm not a piggish
kind of guy, and 20 million shares was a lot that
could be redistributed to other employees. And so
my question was could we, in essence, trade my 20
million share grant for a seven and a half million
share grant, which I think turned out not to be

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