Yahoo’s Ex-CEO, Semel, Sells Off 750,000 Yahoo Shares

Yahoo Chairman Semel exercises options from CNNMoney reports that Terry Semel, Yahoo’s old CEO, has exercised 750,000 options.

He exercised options for $15 each and then sold those options for $29 to $29.90 each. You can see the detailed transactions on this SEC filing, which shows he first exercised 500,000 shares at $15 each on 10/19/2007 and sold them that day, and then exercised 250,000 shares at $15 each on 10/22/2007 and sold them that day.

Here is a screen capture of those transactions:

Semel exercises options

Related Topics: Channel: Industry | Yahoo: Employees

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About The Author: is Search Engine Land's News Editor and owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry's personal blog is named Cartoon Barry and he can be followed on Twitter here. For more background information on Barry, see his full bio over here.

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