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Message: Re: Apple forces Executives to own Stock, PTSC Leadership opposes that ...hmmm
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Feb 28, 2013 04:03PM

I could be wrong, and I'm sure someone will point it out with some kind of backup if I am,

but in reading about the Apple case I see nowhere the requirement for any of it's offcer's, directors, etc to BUY Apple stock. In fact, the specific wording of everything I've read, makes me pretty sure that there is no requirement for them to BUY Apple stock. They are simply required to "hold" and "retain" a certain measure of Apple stock. So if the company grants them free stock, or gives them discounted options, they can meet these new requirements without spending a penny.

Wow, tough policy. Anyone want to take the time to find out how much Apple stock has been given away or sold at a discount to their officers and directors? Come on, Laurie. there's a challenge for you.

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