Steve Jobs deposition, page 94, March 18, 2009


[ <<   page 94  >>  ]     img


Q bvcj

A. Not really, no. I mean, to be honest, I 11:36:54
was -- I just wanted to forget about the whole
thing, you know. In a way, when you have a bad
experience, you just kind of move on, so.,
Q. And you've alluded to this, and if I could 11:37:12
just get you to sort of summarize it for me then.
what were the issues regarding vesting that you
discussed after August 200l?
A. I wanted some of it to be prevested.
11:37:26
Q. And what does "prevested" mean?
A. It means that there is no vesting schedule
on a certain percentage of it.
Q. Okay.
A. And my understanding was that the way it
11:37:40
ended up was that 25 percent was prevested.
Q. And this concept of prevesting, was that
something that was easy to resolve or did this
involve ongoing conversation or negotiation with the
board?
A. I don't really remember. I remember 11:37:52
discussions, a few discussions, with
[; il
but I dont really remember.
Q. Do you remember what the nature of those
discussions were?
11:38:04
A. No. Prevesting, I assume.



[ <<   page 94  >>  ]     img