Filing Details

Accession Number:
0001127602-16-045785
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-09 17:26:35
Reporting Period:
2016-03-07
Filing Date:
2016-03-09
Accepted Time:
2016-03-09 17:26:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1011006 Yahoo Inc YHOO Services-Computer Integrated Systems Design (7373) 770398689
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1218470 A Kenneth Goldman C/O Yahoo! Inc.
701 First Avenue
Sunnyvale CA 94089
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-03-07 147,232 $0.00 649,978 No 4 A Direct
Common Stock Acquisiton 2016-03-07 147,232 $0.00 797,210 No 4 A Direct
Common Stock Disposition 2016-03-07 20,972 $0.00 776,238 No 4 D Direct
Common Stock Disposition 2016-03-07 8,384 $0.00 767,854 No 4 D Direct
Common Stock Disposition 2016-03-07 7,425 $0.00 760,429 No 4 D Direct
Common Stock Disposition 2016-03-07 1,283 $33.96 759,146 No 4 F Direct
Common Stock Disposition 2016-03-07 513 $33.96 758,633 No 4 F Direct
Common Stock Disposition 2016-03-07 454 $33.96 758,179 No 4 F Direct
Common Stock Disposition 2016-03-08 90,194 $33.26 667,985 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 D Direct
No 4 D Direct
No 4 D Direct
No 4 F Direct
No 4 F Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2016-03-07 222,544 $0.00 222,544 $18.87
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
758,794 2019-11-29 No 4 D Direct
Footnotes
  1. Represents a grant of restricted stock units under the Yahoo! Inc. ("Company") Stock Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of Yahoo! Inc. common stock. Subject to accelerated vesting in certain circumstances, the restricted stock units are scheduled to vest in 48 equal monthly installments, as long as the reporting person remains in the service of Yahoo through the respective vesting date.
  2. Represents a grant of performance-based restricted stock units under the Yahoo! Inc. Stock Plan. The target number of units is presented in the table. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, one-fourth (1/4) of the target number of units is scheduled to vest annually, following each of the 2016, 2017, 2018 and 2019 annual performance periods. Each year, the number of units that actually vest will be 0% to 200% of the scheduled amount, depending on the extent to which Yahoo! Inc. meets or exceeds certain financial performance goals. The maximum number of units that may vest over four years is 294,464 (200% of the target number). Vested restricted stock units will be paid in an equal number of shares of Yahoo! Inc. common stock.
  3. Represents the forfeiture of performance-based restricted stock units granted to the reporting person on February 28, 2013 that were eligible to vest based on certain financial performance objectives. Upon grant, the target vesting amount was reported in Table I of Form 4. On March 7, 2016, the Company determined that, based on the Company's performance over the applicable performance period, 3,413 stock units would vest and 20,972 stock units would be forfeited.
  4. Represents the forfeiture of performance-based restricted stock units granted to the reporting person on February 27, 2014 that were eligible to vest based on certain financial performance objectives. Upon grant, the target vesting amount was reported in Table I of Form 4. On March 7, 2016, the Company determined that, based on the Company's performance over the applicable performance period, 1,364 stock units would vest and 8,384 stock units would be forfeited.
  5. Represents the forfeiture of performance-based restricted stock units granted to the reporting person on March 6, 2015 that were eligible to vest based on certain financial performance objectives. Upon grant, the target vesting amount was reported in Table I of Form 4. On March 7, 2016, the Company determined that, based on the Company's performance over the applicable performance period, 1,208 stock units would vest and 7,425 stock units would be forfeited.
  6. Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 3,413 restricted stock units granted to the reporting person on February 28, 2013.
  7. Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 1,364 restricted stock units granted to the reporting person on February 27, 2014.
  8. Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 1,208 restricted stock units granted to the reporting person on March 6, 2015.
  9. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in December 2015.
  10. This transaction was executed in multiple trades during the day at prices ranging from $32.90 to $33.79. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  11. Represents the forfeiture of performance-based stock options granted to the reporting person on November 29, 2012 that were eligible to vest based on certain financial performance objectives. Upon grant, the target vesting amount was reported in Table II of Form 4. On March 7, 2016, the Company determined that, based on the Company's performance over the applicable performance period, 197,350 options would vest and 222,544 options would be forfeited.
  12. As of March 7, 2016, 818,794 options have vested and no further options remain eligible to vest from this grant.
  13. Not applicable.