Apple Inc. CEO Tim Cook is on track to hit his top threshold for fiscal performance in 2017 after delivering a stellar third quarter.
Cook will receive 280,000 shares of Apple stock on Aug. 24 if shareholder return during the past three years beats out two-thirds of the companies in the S&P 500 index, according to Bloomberg. If Apple hits the middle third of the index, Cook gets half the number of shares. He will receive no additional shares if the company lands in the bottom third of the index.
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