Yahoo 2007 Annual Report Download - page 137

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Grants of Plan-Based Awards — Fiscal 2007
The following table shows all plan-based awards granted to the Named Executive Officers during the fiscal
year ended December 31, 2007 and certain outstanding awards that were modified during the fiscal year. The equity
awards granted or modified in 2007 identified in the table below are also reported in the Outstanding Equity Awards
at 2007 Fiscal Year-End table.
Name
Grant
Date
Threshold
($)
Target
($)
Maximum
($)
Threshold
(#)
Target
(#)
Maximum
(#)
All
Other
Stock
Awards:
Number
of
Shares
of Stock
or Units
(#)
All Other
Option
Awards:
Number of
Securities
Underlying
Options
(#)
Exercise
or Base
Price of
Option
Awards
($/Sh)
Grant Date
Fair Value
of Stock
and Option
Awards
($)
(1)
Estimated Future Payouts
Under Non-
Equity Incentive Plan
Awards
Estimated Future Payouts
Under
Equity Incentive Plan
Awards
Terry S. Semel . ............ 2/26/2007 800,000 32.12 7,659,920
Susan L. Decker . . ..........11/28/2007 300,000 26.20 2,798,220
11/28/2007 100,000 2,620,000
11/28/2007 110,000 2,882,000
11/28/2007
(2)
2,100,000 31.59 9,753,359
Blake Jorgensen ............ 7/25/2007 425,000 24.68 3,399,490
7/25/2007 125,000 3,085,000
8/27/2007 50,000 23.03 380,500
8/27/2007 16,650 383,450
Michael J. Callahan . . . ....... 2/26/2007 150,000 32.12 1,436,235
2/26/2007 50,000 1,606,000
8/27/2007 150,000 23.03 1,141,500
8/27/2007 50,000 1,151,500
Michael A. Murray . . ........ 2/26/2007 75,000 32.12 718,118
2/26/2007 25,000 803,000
7/25/2007 10,000 246,800
8/27/2007 40,000 23.03 304,400
8/27/2007 13,350 307,451
Daniel L. Rosensweig . . ....... 3/31/2007
(3)
84,375 37.08 426,098
3/31/2007
(3)
31,250 40.68 184,056
3/31/2007
(3)
600,000 31.59 6,309,389
3/31/2007
(3)
203,125 20.58 112,844
Farzad Nazem . ............ 6/8/2007
(4)
80,000 34.80 309,067
6/8/2007
(4)
296,668 30.00 1,726,772
6/8/2007
(4)
46,875 20.58 394,007
6/8/2007
(4)
550,000 34.75 589,037
6/8/2007
(4)
900,000 31.59 5,963,977
(1)
These amounts reflect the value determined by the Company for accounting purposes for these awards and do not reflect whether the
recipient has actually realized or will realize a financial benefit from the awards (such as by exercising stock options or by vesting in a
restricted stock or restricted stock unit award). The value of a stock award or option award is generally based on the fair value as of the grant
date of such award determined pursuant to SFAS 123R, except as otherwise noted. The value of modified option awards represents only the
additional expense attributable to the modification. Pursuant to SEC rules, the amounts shown exclude the impact of estimated forfeitures
related to service-based vesting conditions. For additional information on the valuation assumptions underlying the grant date fair value of
these awards, see Note 12 of the Yahoo! consolidated financial statements in the 2007 Form 10-K, as filed with the SEC.
(2)
This entry reflects modifications to an outstanding option for which the Company incurred and will incur additional expenses for 2007 and
subsequent year(s). The terms of these modifications are reported in the narrative that follows.
(3)
These entries reflect modifications to outstanding options in connection with the termination of Mr. Rosensweig’s employment effective
March 31, 2007 pursuant to the Rosensweig Separation Agreement dated December 5, 2006, for which the Company incurred an additional
expense on its 2007 consolidated financial statements as noted in the Summary Compensation Table above. The terms of these
modifications are reported under “Potential Payments Upon Termination or Change in Control” below.
(4)
These entries reflect modifications to outstanding options in connection with the termination of Mr. Nazem’s employment effective June 8,
2007 pursuant to the Nazem Separation Agreement dated May 30, 2007, for which the Company incurred an additional expense on its 2007
consolidated financial statements as noted in the Summary Compensation Table above. The terms of these modifications are reported under
“Potential Payments Upon Termination or Change in Control” below.
18