SEC Form 4 · accession 0001127602-15-021485
ALTABA INC. · AABA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas McInerney
Director
Period of report
Jun 24, 2015
Accepted (ET)
Jun 26, 2015 · 5:24 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 | Jun 24, 2015 | A | 5,862 | $0.00 | A | 39,473 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares represent restricted stock units granted automatically under the Yahoo! Inc. Directors' Stock Plan on the date of Yahoo's annual meeting of shareholders. Each restricted stock unit represents the contingent right to receive one share of Yahoo common stock. These units are scheduled to vest in four equal quarterly installments such that they will be fully vested on the first anniversary of the date of grant (or, if earlier, the day before Yahoo's next annual meeting of shareholders), subject to the reporting person's continuous service as a director. Vested shares will generally be delivered on the earlier of the last vesting date or the date the director's service terminates, subject to any election by the reporting person to defer payment.