WILSON GARY L 4
4 · YAHOO INC · Filed Jan 4, 2012
Insider Transaction Report
Form 4
YAHOO INCYHOO
WILSON GARY L
Director
Transactions
- Award
Common Stock
2011-12-31+1,673→ 58,822 total
Holdings
- 1,000(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]These shares represent an automatic award of restricted stock units granted under the Yahoo! Inc. 1996 Directors' Stock Plan, which permits directors to elect to receive payment of quarterly directors' fees in the form of options or restricted stock units. Each restricted stock unit represents the right to receive one share of Yahoo! common stock. These units are fully vested on the grant date. These units will generally be paid in an equivalent number of shares of common stock on the earlier of the date the director's service terminates or the first anniversary of the date of grant, subject to any election by the reporting person to defer payment.