Filing Details

Accession Number:
0001127602-14-009568
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-03 17:11:25
Reporting Period:
2014-02-27
Filing Date:
2014-03-03
Accepted Time:
2014-03-03 17:11:25
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
1478096 S Aman Kothari C/O Yahoo! Inc.
701 First Avenue
Sunnyvale CA 94089
Svp, Global Controller & Cao 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 2014-02-27 31,487 $14.86 101,800 No 4 M Direct
Common Stock Disposition 2014-02-27 31,487 $37.98 70,313 No 4 S Direct
Common Stock Disposition 2014-02-27 15,423 $37.97 54,890 No 4 S Direct
Common Stock Acquisiton 2014-02-27 25,994 $0.00 80,884 No 4 A Direct
Common Stock Acquisiton 2014-02-27 25,994 $0.00 106,878 No 4 A Direct
Common Stock Disposition 2014-02-27 1,366 $0.00 105,512 No 4 D Direct
Common Stock Disposition 2014-02-27 1,832 $38.47 103,680 No 4 F Direct
Common Stock Disposition 2014-02-27 4,141 $38.47 99,539 No 4 F Direct
Common Stock Disposition 2014-02-28 2,544 $38.67 96,995 No 4 F Direct
Common Stock Disposition 2014-02-28 1,679 $38.56 95,316 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 A Direct
No 4 A 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 2014-02-27 31,487 $0.00 31,487 $14.86
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
31,486 2019-02-27 No 4 M Direct
Footnotes
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in August 2013.
  2. This transaction was executed in multiple trades during the day at prices ranging from $37.80 to $38.19. 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.
  3. This transaction was executed in multiple trades during the day at prices ranging from $37.80 to $38.19. 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.
  4. Represents a grant of restricted stock units under the Yahoo! Inc. ("Company") 1995 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, one-fourth (1/4) of the restricted stock units are scheduled to vest on the first anniversary of the date of grant, with the remainder vesting in 36 equal monthly installments thereafter, as long as the reporting person remains in the service of Yahoo through the respective vesting date.
  5. Represents a grant of performance-based restricted stock units under the Yahoo! Inc. 1995 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 are scheduled to vest annually, following each of the 2014, 2015, 2016 and 2017 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 51,988 (200% of the target number). Vested restricted stock units will be paid in an equal number of shares of Yahoo! Inc. common stock.
  6. 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 February 27, 2014, the Company determined that, based on the Company's performance over the applicable performance period, 3,511 stock units would vest and 1,366 stock units would be forfeited.
  7. Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 3,511 restricted stock units granted to the reporting person on February 28, 2013.
  8. Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 7,937 restricted stock units granted to the reporting person on February 27, 2012.
  9. Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 4,877 restricted stock units granted to the reporting person on February 28, 2013.
  10. This option, originally representing a right to purchase 94,460 shares, became exercisable as to one-third (1/3) of the shares on February 27, 2013 (the first anniversary of the date of grant), with the remainder becoming exercisable in 2 equal annual installments thereafter.
  11. Not Applicable.