note - Article o /largestcompanyofthe USchoosebyselection(...

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Article Apple Ascends to Dow Jones Industrial Average o Apple will be part of index of 30 most value/largest company of the  US choose by selection (select to represent the market) Fiat CEO got 72 million dollar pay o Mostly by bonus and stock award after Fiat takeover Chrysler, as it  perform well o Vest = take ownership of it o Company register in Netherland, tax domile in London, and stock  listed in New York Chapter 16-17 Option o Exercise price - price o Maturity – how long this option is valid o Intrinsic value = share price (market price) – exercise price (price on  the option) Less than 0   not good, no intrinsic value o Make for driving and aligning incentive; usually give to CEO o If give the option to employee Increase Salary expense of intrinsic value Not all employee understand the value of this o So they do by
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