Wolf Michael J 4
4 · YAHOO INC · Filed May 18, 2012
Insider Transaction Report
Form 4
YAHOO INCYHOO
Wolf Michael J
Director
Transactions
- Award
Common Stock
2012-05-16+1,498→ 21,498 total
Footnotes (1)
- [F1]These shares represent an automatic award of restricted stock units granted on the date the reporting person became a director under the Yahoo! Inc. 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 on June 23, 2012 (or, if earlier, the day before the next annual meeting of shareholders of Yahoo! Inc.), subject to continuous service as a director. Vested units will generally be paid in an equivalent number of shares of Yahoo! common stock on the vesting date, subject to any election by the reporting person to defer payment.