Otellini's uptick in compensation disclosed Wednesday stems mostly from the amount of stock awards and options Intel gave him last year. Those could end up being worth more or less than the company's estimates, depending on how Intel's recently slumping stock fares in the future.
Intel trimmed the cash portion of Otellini's incentive pay by 19 percent to $5.23 million.
The AP's calculation counts salary, bonuses, perks and stock and options awarded to the executive during the year.
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