AppleAn accounting firm found that CEO Tim Cook earned $98.73million in compensation for the company’s fiscal 202021. SEC filing published on Thursday.

Apple’s stellar year saw it report 33% growth in revenue and record sales figures of $365 billion. The disclosure is for Apple’s fiscal 2019 which ran from September 2020 to September 2021.

This is how Cook’s salary breaks down.

• Salary: $3 Million
• Apple environmental and financial sustainability goals will receive a bonus of $12,000,000
• $1.39million in other compensation. This includes $712 488 in personal travel and $630 630 in security. He also made a $17400 contribution to his plan.
• Stock options worth $82.35 Million

These stock options are part of a 5-year grant announced in Sept. 2020On the first day Apple’s fiscal 202021. They are still not vested and in two separate parts.

Part one is 333 987 Apple shares valued at $37.5m at the time. It will be paid out in three installments, beginning in 2023. According to the filing, Cook will still receive these shares if he dies.

This second portion is also 333 977 shares of Apple. However, the grant is performance-based and Cook could receive double as many shares or none depending on Apple stock performance. The shares, which were worth $44.85million at the time they were granted, will become vested in October 2023. The filing states that these shares may also become vested in the event Cook is forced to retire, but the compensation committee can block it.

Apple filed that it was a “remarkable decade” for Apple. In 2021, Mr. Cook was awarded an equity award.

Cook’s compensation for 2021 does not include more than 5,000,000 Apple shares. vested in Aug. 2021According to filing, it was worth more than $754,000,000 at that time. These shares were given back to Cook in 2011.

According to the filing, Cook received 1,447 times what the average Apple employee earned in 2021. However, Apple stated that this ratio was not comparable with other companies’ reports because of the way the median employee is calculated.

Cook will donate his fortune for charity. he said in 2015. 

Apple claimed in its proxy that Cook’s stock options were determined by Apple’s size and performance. Cook was also considered, along with Cook’s position and performance as CEO.

Apple stated that compensation committee members take into consideration Apple’s profitability relative to other peer companies such as Alphabet and Microsoft.

Apple was compensated by adding this feature to their product line in 2011. TeslaA “secondary peer network” of companies who have iconic brands and which rely on substantial research and development for their growth.

A representative from Apple declined to comment.