Morse Timothy R. 4

4 · YAHOO INC · Filed Feb 28, 2012

Form 4

Period: 2012-02-25

CFO (effective July 1, 2009)

Transactions

Tax Payment
Common Stock
2012-02-25$14.89/sh−2,985$44,447→ 544,314 total
Award
Common Stock
2012-02-27+142,860→ 679,705 total
Tax Payment
Common Stock
2012-02-25$14.89/sh−7,469$111,213→ 536,845 total
Award
Employee Stock Option (right to buy)
2012-02-27+566,750→ 566,750 total
Exercise: $14.86Exp: 2019-02-27→ Common Stock (566,750 underlying)

Footnotes (5)

[F1]Represents shares withheld by Yahoo! Inc. (the "Company") to satisfy tax withholding obligations in connection with the vesting of 8,138 restricted stock units granted to the reporting person on February 25, 2010.
[F2]Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 20,363 restricted stock units granted to the reporting person on February 25, 2011.
[F3]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 Company common stock. Subject to accelerated vesting in certain circumstances, one-third (1/3) of the restricted stock units are scheduled to vest on each of the first, second, and third anniversaries of the date of grant, as long as the reporting person remains in the service of the Company through the respective vesting date.
[F4]Subject to accelerated vesting in certain circumstances, one-third (1/3) of this stock option is scheduled to vest and become exercisable on each of the first, second, and third 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.

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