Al Gore Nets Another Fortune on Apple Stock [Buys 60,000 Shares Valued @ $7.48/Share!]

Yahoo News ^ | January 18, 2013 | Javier E. David

[bubbacluck]

From what I understand, the board must grant the options, one can’t just procure them on their own. The board thought it was worth it, for whatever reason.

[reg45]

If you had accumulated options to purchase Apple stock at a particular price, you could hold on to those options for years ( or even decades). If he had exercised those options in September when the stock peaked, he would have made an additional $6,000,000 and would have been able to keep more of it because of the Bush tax rates on capital gains (15% vs. the 20.0% Obama rate).

[reg45]

You can purchase options on the options exchange.

[IslamE]

Another rich socialist, Democrat! Al Bore’s motto is: “Do as I say, not as I do peasants! Now, I want my happy ending, I get one with every massage or I will let the Earth burn to a crisp!”

[Vince Ferrer]

So he sat on it until now - apparently Gore is trying to raise money and/or knows something that the general public/markets don’t know (insider trading?).

Everyone knows, Apple is going down bigtime. He is excercising his options to get out.

[Fresh Wind]

Big difference-iGore didn’t purchase the options.

They were a political payoff to him, no doubt in part because of his advocacy of the Global Warming® scam, which the other liberals at Apple, including Steve Jobs, had swallowed whole.

[Revolting cat!]

Al needs the cash, those lektricity bills are killing him!

[Jim Robinson]

Yup. The DC Corruption Racket, Inc.

[hosepipe]

Tax the bejudas out of him..........

[Jim Robinson]

Seems to me awhile back that Apple was big in public schools.

[Fresh Wind]

He is excercising his options to get out.

Maybe he's cashing in because he knows he's getting booted off the board, now that his protector has passed away.

[The Cajun]

Big AlGore seems to be in the *taking the money and running* or *cashing in his chips* mode right now.

Interesting I'm saying, that's all, just interesting.

[Fresh Wind]

School that spent £500,000 giving its pupils iPads admits that HALF are now broken

[Revolting cat!]

Al says: “Being a POTUS is for suckers, I’ve got more moolah and better hookers than those Clinton parvenues!”

[bigbob]

Algore, the great capitalist, alpha male, and sex poodle.

[Axenolith]

Options. He was given/awarded/paid 60K shares for his directorship at a price of $8 that probably fully vested recently or were about to expire.

[Revolting cat!]

Al to FReepers: “Hey, get off my case, I didn’t have to kill Vince Foster to get here, and my kids are my own, not Webb Hubbell’s!”

[The Cajun]

Just wondering why now, because the taxes should pound the hell out of him, just find it odd.
There has to be some angle we ain't seeing, unless he sees he might have to migrate out of the country, migrate out of dollars, etc.