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Steve Jobs' SEC Testimony at Forbes [Apple]
Gizmodo —
Forbes uncovered a copy of Steve Jobs' sworn testimony taken during the Apple options backdating investigation. It's interesting hearing Jobs speak without him trying to sell us iPods. Owen Thomas at Valleywag has a good conspiracy theory. [Forbes]
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Steve Jobs: "There Is Nobody Looking Out For Me Here"
Silicon Alley Insider —
After a long Freedom of Information Act battle, Forbes landed a copy of Apple CEO Steve Jobs's 2008 deposition in the SEC's suit against Apple (AAPL) over options backdating allegations.
Their summary is a good read and you should go check it out.
But the part everybody's talking about is when, during his deposition, Steve explained to the SEC lawyers why getting any options at all was so important to him:
Forbes: At some point in 2001 Jobs went to his board and asked for a big option grant. In the deposition Jobs said he had simply wanted a ...
SEC deposition shows softer side of Jobs
Macworld —
... . Now Forbes has gotten ahold of the SEC’s deposition of Jobs , shedding some light on what transpired behind those closed doors. The 118-page document, which Forbes acquired via the Freedom of Information Act, shows that Jobs asked Apple’s board of directors for an options grant in 2001 because he felt that he wasn’t getting his due appreciation from the company. “It wasn’t so much about the money,” The Forbes 400 member told an SEC lawyer. “Everybody likes to be recognized by his peers. … I felt that the board wasn’t really doing the same with me.” With all of his prior ...
Report: Apple's Jobs maintained stock-option ignorance
CNET News - Apple —
Apple CEO Steve Jobs maintained that he was unaware of the accounting implications of stock-option backdating during his deposition with the Securities and Exchange Commission, according to a transcript of the interview.
Forbes managed to obtain the document after a Freedom of Information Act ruling in its favor, and has ...
Is Forbes magazine anti-Apple?
9 to 5 Mac - Apple Intelligence —
... on the heels of Forbes cover story on Jobs' Options backdating. It looks like Forbes might have had some help finding the three hour deposition from someone formerrly inside Apple. To break it down: ...
Apple CEO Steve Jobs felt a bit underappreciated by Apple’s Board back in 2001
MacDailyNews —
... is nobody looking out for me here, you know. ... So I wanted them to do something, and so we talked about it. ... I thought I was doing a pretty good job.'" Barrett reports, "Wouldn't it have been nice, he was thinking, if the board had come to him and said, ''Steve, we got this new grant for you,' without me having to suggest anything or be involved in anything or negotiate anything. ... It would have made me feel better at the time.'" Full article, "Steve Jobs: Nobody Loves Me," here . MacDailyNews Take: We bet that the Board never let Jobs feel unloved ever again. ...
Steve Jobs testifies to feeling underappreciated by Apple board
AppleInsider —
... Published: 04:00 PM EST Roughly four years after returning to Apple, Steve Jobs had set the company on course for one of the most remarkable comebacks in Silicon Valley history but says he felt underappreciated by his board of directors and as a result asked for a sizable stock grant that would later play a major role in the company's widely publicized option-backdating scandal. Leveraging the Freedom of Information Act, Forbes magazine was able to obtain a transcript of the 119-page deposition Jobs gave to the Securities and Exchange Commission last year regarding the ...
SEC Deposition Suggests Steve Jobs Felt Underappreciated
The Mac Observer —
... on April 23rd, 2009 at 4:45 PM Feeling underappreciated was behind the large stock option grant given to Apple CEO Steve Jobs that resulted in a backdating scandal for the company, according to his testimony to the SEC. Forbes reported Wednesday that the magazine had obtained a transcript of Mr. Jobs's deposition through a Freedom of Information Act request with the SEC, and in that transcript, Mr. Jobs said he was looking for recognition, and that the money wasn't the issue. Mr. Jobs's testimony was part of the SEC's investigation of then-General Counsel Nancy Heinen, whom ...
