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Al Gore Purchases 59,000 Shares of AAPL Stock

Posted in Apple, News on 18/01/2013 by Chris Hauk

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A filing with the U.S. Securities and Exchange Commission on Thursday shows that Apple board member, and former Vice President of the United States Al Gore purchased 59,000 shares of AAPL stock worth over $29.6 million based on Thursday’s closing price.

Al Gore

AppleInsider:

The SEC filing notes that Gore exercised the director stock option on Tuesday to acquire 59,000 shares at a price of $7.475 per share, meaning the purchase cost him roughly $441,000, reports The Next Web.

With AAPL stock closing on Thursday at a price of $502.68 per share, Gore’s 59,000 shares are currently worth some $29,658,120. Gore is reported to have 61,574 non-derivative shares remaining after Thursday’s transaction.

Gore was appointed to Apple’s board in 2003.



Chris Hauk

Author

Chris Hauk

MacTrast Senior Editor, and self-described "magnificent bastard," Chris Hauk owns Phoenix Rising Services and writes for everyone's favorite "bad movie" website, Big Bad Drive-In.

His first Apple product was an iPod Classic 5 years ago, and he has since added a MacBook Pro, iPad, iPhone, and 2 Apple TVs to his collection.

He lives somewhere in the deep Southern part of America. Yes, he has to pump in both sunshine, and the Internet.

Don't forget to check out Chris' two latest endeavors, as the "Apple Expert" at Answers.com, and his own personal tech blog at chrishauk.com