KOZEL EDWARD 4
4 · YAHOO INC · Filed Jun 18, 2007
Insider Transaction Report
Form 4
YAHOO INCYHOO
KOZEL EDWARD
Director
Transactions
- Award
Common Stock
2007-06-13+5,000→ 32,900 total - Award
Director Stock Option
2007-06-13+15,000→ 15,000 totalExercise: $27.38Exp: 2014-06-13→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]These shares represent restricted stock units granted under the Yahoo! 1996 Directors' Stock Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of Yahoo! common stock. These units are scheduled to vest ratably, in equal quarterly installments, over a one year period following the date of grant. These units will generally be paid in shares of the Company's common stock on the earlier of the third anniversary of the grant date or the date the director ceased being a member of the board.
- [F2]This option is scheduled to become exercisable at a rate of 1/4 of the securities underlying the option in equal quarterly installments over a one year period following the date of grant.
- [F3]Not applicable.