Murray Michael A 4
4 · YAHOO INC · Filed Feb 27, 2009
Insider Transaction Report
Form 4
YAHOO INCYHOO
Murray Michael A
Chief Accounting Officer
Transactions
- Award
Common Stock
2009-02-25+12,160→ 153,646 total - Award
Employee Stock Option (right to buy)
2009-02-25+26,690→ 26,690 totalExercise: $12.48Exp: 2016-02-25→ Common Stock (26,690 underlying) - Award
Employee Stock Option (right to buy)
2009-02-25+150,000→ 150,000 totalExercise: $12.48Exp: 2016-02-25→ Common Stock (150,000 underlying) - Award
Common Stock
2009-02-25+12,160→ 141,486 total - Award
Common Stock
2009-02-25+12,160→ 129,326 total
Footnotes (5)
- [F1]Represents a grant of restricted stock units under the Yahoo! Inc. 1995 Stock Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of Yahoo! Inc. ("Company") common stock. One-fourth (1/4) of the units are scheduled to vest on each of the first, second, third and fourth anniversaries of the date of grant as long as the reporting person remains in the service of the Company through the respective vesting date.
- [F2]Represents a grant of performance-based restricted stock units. The target number of units subject to the award is presented in the table. Subject to certain continued employment requirements, the units are scheduled to vest on the third anniversary of the date of grant if, and to the extent that, the Company meets certain annual operating cash flow objectives. The number of units that vest may be 0% to 200% of the target number of units, depending upon performance. The maximum number of units that may vest is 24,320 (200% of the target number). Vested restricted stock units will be paid in an equal number of shares of Yahoo! Inc. common stock.
- [F3]Represents a grant of performance-based restricted stock units. The target number of units subject to the award is presented in the table. Subject to certain continued employment requirements, the units are scheduled to vest following the third anniversary of the date of grant if, and to the extent that, the Company meets certain total shareholder return objectives. The number of units that vest may be 0% to 200% of the target number of units, depending upon performance. The maximum number of units that may vest is 24,320 (200% of the target number). Vested restricted stock units will be paid in an equal number of shares of Yahoo! Inc. common stock.
- [F4]One-fourth (1/4) of this executive incentive stock option is scheduled to vest and become exercisable on each of the first, second, third and fourth anniversaries of the date of grant, as long as the reporting person remains in the service of the Company through the respective vesting date.
- [F5]Not Applicable