Apple recently awarded eight executives stock grants that were worth almost $13 million each at Thursday’s closing price, with as much as another $14 million up for grabs.

The stock grants came in two parts. The first was an award of 122,863 shares that vest over a three-year stretch, starting in April 2017 and will be given if an executive is still with the company. The second, totalling 68,576 shares, will vest in October 2017, with the exact number based on Apple’s performance relative to the S&P 500 index.

Most of Apple’s top management team was handed the stock awards on Oct. 17. They included Angela Ahrendts, the former Burberry CEO who heads retail and online sales; Eddy Cue, the online and services chief; Craig Federighi, the lead for software engineering; CFO Luca Maestri; Daniel Riccio, vice president of hardware engineering; marketing lead Philip Schiller; Apple’s top lawyer, Bruce Sewell; and COO Jeffrey Williams.

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