SEC Form 4 · accession 0001127602-15-010886
ALTABA INC. · AABA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aman S Kothari
Officer — SVP, Global Controller & CAO
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 5:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001011006
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 6, 2015 | A | 46,040 | $0.00 | A | 157,049 | D | |
| Common StockF2 | Mar 6, 2015 | D | 1,805 | $0.00 | D | 155,244 | D | |
| Common StockF3 | Mar 6, 2015 | D | 2,405 | $0.00 | D | 152,839 | D | |
| Common StockF4 | Mar 6, 2015 | F | 1,154 | $43.44 | D | 151,685 | D | |
| Common StockF5 | Mar 6, 2015 | F | 1,538 | $43.44 | D | 150,147 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 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.
- F2Represents 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, 3,072 stock units would vest and 1,805 stock units would be forfeited.
- F3Represents 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, 4,093 stock units would vest and 2,405 stock units would be forfeited.
- F4Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 3,072 restricted stock units granted to the reporting person on February 28, 2013.
- F5Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 4,093 restricted stock units granted to the reporting person on February 27, 2014.