Apple CEO Steve Jobs told former Chief Financial Officer Fred Anderson to backdate stock option , according to a statement issued Tuesday by Anderson ’s lawyer .
The U.S. Securities and Exchange Commission reached a colonisation with Anderson in the stock - options cause , the SEC said Tuesday and before long after it officially announced that deal , the former Apple executive director ’s attorney come out the statement on his behalf . The SEC also charged former Apple general counsel Nancy Heinen with fraudulently backdate options .
An internal Apple audited account feel that Jobs was aware of the backdating , but that he did not financially gain from it and did nothing wrong .
Anderson was told by Jobs in late January 2001 that Jobs had an understanding with the dining table of director to grant stock options on Jan. 2 , agree to the statement from Anderson ’s attorney . Anderson “ caution ” Jobs that the Ulysses S. Grant for executives would have to be priced base on the date of the control panel arrangement “ or there could be an accountancy guardianship , ” and also say Jobs the instrument panel would have to confirm it had kick in prior approval for the Cary Grant dates “ in a de jure acceptable method . ”
Jobs assured him that the board had given approval and Anderson “ rely on these statement by Mr. Jobs and from them conclude the grant was being properly address , ” the statement said .
Anderson understood that fit in to Apple ’s stock option plan and accounting rule , the Ulysses Grant date could be moved to a late date and there would n’t be any related compensation expense so long as the parentage price was higher than it had been on the original date . He empathize that the date was moved from Jan. 2 to Jan. 17 “ to avoid any appearance of liberty that might arise from a grant present just prior to the stock price rise that result from the Macworld exhibition and Mr. Jobs ’ keynote speech ” sacrifice there on Jan. 9 in which he offered details of newfangled product .
