Apple SVP of iOS Scott Forstall sells 95% of his current restricted shares

Scott Forstall, Apple's high-profile Senior Vice President of iOS software, has sold off $38.7 million-worth of previously-restricted Apple stock according to recent security filings. Forstall had sold off about $33 million-worth of stock in March�when the restriction first lifted, and the final sale here here leaves him with 5% of the 120,000 shares he was first given in 2008.�Forstall still has another 100,000 restricted stock units that will be ready to sell in 2014 and another 150,000, half of which will vest in 2013 and the other in 2016.

Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/EwRs8SBfRyg/story01.htm

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