Dibble David 4
4 · YAHOO INC · Filed Jul 30, 2012
Insider Transaction Report
Form 4
YAHOO INCYHOO
Dibble David
EVP, Technology & Operations
Transactions
- Award
Common Stock
2012-07-26+32,300→ 469,081 total
Footnotes (2)
- [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. Subject to accelerated vesting in certain circumstances, one-third of the restricted stock units are scheduled to vest on each of the first three 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 and subject to accelerated vesting in certain circumstances, the units are scheduled to vest following the third anniversary of the date of grant if 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 64,600 (200% of the target number). Vested restricted stock units will be paid in an equal number of shares of Yahoo! Inc. common stock.