Gore Gets Options For Doing Nothing

With all the talk of Hillary Clinton and her tax returns, I’d love to see Al Gore’s. I’m sure there’s lots of interesting little gems in there.

Former vice president Al Gore, who sits on Apple’s compensation committee and supervised the company’s internal investigation of its option backdating case, has been granted options to buy 10,000 shares of Apple (AAPL) at the strike price of $129.67, according to Jonny Evans at Macworld UK.

With Apple shares closing at $140.98 Tuesday night, the options would be worth $113,100 if exercised today. Should Apple reach its 2007 high of 202.96 before the options expire in 10 years, the grant would be worth more than $730,000, not counting taxes.

Well, he did invent the internet.

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