Yahoo 2007 Annual Report Download - page 141

Download and view the complete annual report

Please find page 141 of the 2007 Yahoo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 156

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156

(1)
Value is based on the closing price of Yahoo! common stock of $23.26 on December 31, 2007, as reported on the Nasdaq Global Select
Market.
(2)
25% of these securities will become exercisable semi-annually through December 20, 2009.
(3)
20% of these securities will become exercisable on May 31, 2008, and 40% of these securities will become exercisable on each of May 31,
2009 and May 31, 2010.
(4)
50% of these securities will become exercisable on October 15, 2008 and an additional 25% of these securities will become exercisable on
each of October 15, 2009 and October 15, 2010.
(5)
100% of the shares subject to these restricted stock awards will vest on February 1, 2008.
(6)
100% of these restricted stock units will vest on December 20, 2008.
(7)
100% of these restricted stock units will vest on October 15, 2008.
(8)
100% of these restricted stock units will vest on October 15, 2009.
(9)
25% of these securities will become exercisable on June 4, 2008 and an additional 75% of these securities will become exercisable semi-
annually through June 4, 2011.
(10)
25% of these securities will become exercisable annually through August 27, 2011.
(11)
100% of these restricted stock units will vest on July 25, 2010.
(12)
100% of these restricted stock units will vest on August 27, 2009.
(13)
25% of these securities will become exercisable quarterly through December 16, 2008.
(14)
33.3% of these securities will become exercisable on February 1, 2008, and the remaining 66.7% of these securities will become
exercisable on February 1, 2009.
(15)
25% of these securities will become exercisable on each of May 31, 2008 and May 31, 2009, and 50% of these securities will become
exercisable on May 31, 2010.
(16)
100% of these securities will become exercisable on February 26, 2011.
(17)
25% of these securities will become exercisable annually through August 27, 2011.
(18)
100% of these restricted stock units will vest on May 31, 2009.
(19)
100% of these restricted stock units will vest on February 26, 2010.
(20)
25% of these securities will become exercisable quarterly through October 29, 2008.
(21)
33.3% of these securities will become exercisable on August 16, 2008, and the remaining 66.7% of these securities will become exercisable
on August 16, 2009.
(22)
25% of these securities will become exercisable semi-annually through December 20, 2009.
(23)
25% of these securities will become exercisable on each of May 31, 2008 and May 31, 2009 and 50% of these securities will become
exercisable on May 31, 2010.
(24)
100% of these shares of restricted stock will vest on August 16, 2008.
(25)
100% of these restricted stock units will vest on December 20, 2008.
(26)
100% of these restricted stock units will vest on May 31, 2009.
(27)
100% of these restricted stock units will vest on February 26, 2010.
(28)
100% of these restricted stock units will vest on July 25, 2009.
In each case, vesting is conditioned upon the Named Executive Officer’s continuous employment through the applicable vesting date.
Option Exercises and Stock Vested — Fiscal 2007
The following table shows all stock options exercised and value realized upon exercise, and all stock awards
vested and value realized upon vesting, by the Named Executive Officers during fiscal 2007.
Name
Number of Shares
Acquired on Exercise
(#)
Value Realized
on Exercise
($)
(1)
Number of
Shares Acquired
on Vesting
(#)
Value Realized
on Vesting
($)
(1)
Option Awards Stock Awards
Jerry Yang ...................... 0 0 0 0
Terry S. Semel ................... 2,472,764 37,834,154 0 0
Susan L. Decker .................. 0 0 65,000 1,849,585
Blake Jorgensen .................. 0 0 0 0
Michael J. Callahan ............... 18,959 410,847 0 0
Michael A. Murray ................ 0 0 15,000 476,850
Daniel L. Rosensweig .............. 413,875 6,015,129 211,667 6,355,795
Farzad Nazem.................... 1,135,000 15,708,856 285,000 8,077,185
(1)
The value realized equals the difference between the option exercise price and the fair market value of Yahoo! common stock on the date of
exercise, multiplied by the number of shares for which the option was exercised.
(2)
The value realized equals the fair market value of Yahoo! common stock on the vesting date, multiplied by the number of shares that vested.
22