Dell CEO's Salary Jumps

According to the SEC filing, at the end of fiscal year 2003, Michael Dell owned exercisable in-the-money options worth an estimated $82.2 million, based on a closing-price value of $23.86.

Last year, Dell President and COO Kevin Rollins also saw a raise in bonus and salary for cash pay of $2.8 million. His bonus last year increased to $2.0 million, up from about $243,000, while his salary grew about 7% to $770,962. Rollins received grants of 545,586 options in March 2002, with an estimated present value of $5.1 million.