0001127602-15-010875.txt : 20150310
0001127602-15-010875.hdr.sgml : 20150310
20150310172633
ACCESSION NUMBER: 0001127602-15-010875
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150306
FILED AS OF DATE: 20150310
DATE AS OF CHANGE: 20150310
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: YAHOO INC
CENTRAL INDEX KEY: 0001011006
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
IRS NUMBER: 770398689
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: YAHOO! INC.
STREET 2: 701 FIRST AVENUE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
BUSINESS PHONE: 4083493300
MAIL ADDRESS:
STREET 1: 701 FIRST AVENUE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GOLDMAN KENNETH A
CENTRAL INDEX KEY: 0001218470
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-28018
FILM NUMBER: 15690192
MAIL ADDRESS:
STREET 1: C/O YAHOO! INC.
STREET 2: 701 FIRST AVENUE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2015-03-06
0001011006
YAHOO INC
YHOO
0001218470
GOLDMAN KENNETH A
C/O YAHOO! INC.
701 FIRST AVENUE
SUNNYVALE
CA
94089
1
Chief Financial Officer
Common Stock
2015-03-06
4
A
0
34530
0
A
568806
D
Common Stock
2015-03-06
4
A
0
34530
0
A
603336
D
Common Stock
2015-03-06
4
D
0
15607
0
D
587729
D
Common Stock
2015-03-06
4
D
0
6239
0
D
581490
D
Common Stock
2015-03-06
4
F
0
4580
43.44
D
576910
D
Common Stock
2015-03-06
4
F
0
1830
43.44
D
575080
D
Employee Stock Option (Right to Buy)
18.87
2015-03-06
4
D
0
130168
D
2019-11-29
Common Stock
130168
1011338
D
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.
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 are scheduled to vest annually, following each of the 2015, 2016, 2017 and 2018 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 69,060 (200% of the target number). Vested restricted stock units will be paid in an equal number of shares of Yahoo! Inc. common stock.
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 6, 2015, the Company determined that, based on the Company's performance over the applicable performance period, 8,778 stock units would vest and 15,607 stock units would be forfeited.
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 6, 2015, the Company determined that, based on the Company's performance over the applicable performance period, 3,509 stock units would vest and 6,239 stock units would be forfeited.
Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 8,778 restricted stock units granted to the reporting person on February 28, 2013.
Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 3,509 restricted stock units granted to the reporting person on February 27, 2014.
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 6, 2015, the Company determined that, based on the Company's performance over the applicable performance period, 289,727 options would vest and 130,168 options would be forfeited.
As of March 6, 2015, 621,444 options have vested and a target amount of 419,894 options remains eligible to vest. Subject to certain continued employment conditions and subject to accelerated vesting in certain circumstances, up to 100% of the remaining target amount is scheduled to vest on January 26, 2016 depending on the extent to which the Company meets certain financial performance goals.
Not applicable.
/s/ Ken Goldman
2015-03-10