YAHOO INC 4
4 · YAHOO INC · Filed Jun 27, 2013
Insider Transaction Report
Form 4
YAHOO INCYHOO
Wolf Michael J
Director
Transactions
- Award
Common Stock
2013-06-25$24.95/sh+8,815$219,978→ 68,334 total
Footnotes (1)
- [F1]These shares represent restricted stock units granted automatically under the Yahoo! Inc. 1996 Directors' Stock Plan on the date of Yahoo!'s annual meeting of shareholders. Each restricted stock unit represents the contingent right to receive one share of Yahoo! common stock. These units are scheduled to vest in four equal quarterly installments such that they will be fully vested on the first anniversary of the date of grant (or, if earlier, the day before Yahoo!'s next annual meeting of shareholders), subject to the reporting person's continuous service as a director. Vested shares will generally be delivered on the earlier of the last vesting date and the date the director's service terminates, subject to any election by the reporting person to defer payment.