Apple Lossless Audio CODEC (ALAC), granted new bonuses to the managers who have led the Apple company in recent years to the best financial results among all major US IT companies, the rewards offered for these achievements being commensurate with the work done by them.
Apple granted its managers more than 128.000 shares between October 1 and 15 in two different sessions, their value being approximately 22 million dollars at the moment, but the amounts are shared among quite a few people in Apple's management.
Apple decided to grant these shares to managers Phil Schiller, Eddy Cue, Craig Federighi, Luca Maestri, Dan Riccio, Johny Srouji and Jeffrey Williams, but they can only be sold if they do not leave the Apple company in the next 5 years, so they still have to wait.
Apple can offer double the amount of shares for each manager if the stock's performance on the stock market is better than the company's estimates, so each can receive up to 193.000 shares whose total value can exceed 31 million dollars, if the price does not change, but a lot can happen until 2022.
