SEC Form 4 · accession 0001127602-16-048618
ALTABA INC. · AABA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maynard G Webb Jr.
Director
Period of report
Mar 31, 2016
Accepted (ET)
Apr 4, 2016 · 7:04 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 31, 2016 | A | 1,860 | — | A | 15,321 | D | |
| Common Stock | Apr 4, 2016 | G | 1,519 | $0.00 | D | 13,802 | D | |
| Common Stock | Apr 4, 2016 | G | 1,519 | $0.00 | A | 41,187 | I | By Webb Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares represent an automatic grant of restricted stock units under the Yahoo! Inc. Directors' Stock Plan (which permits directors to elect to receive payment of quarterly directors' fees in the form of restricted stock units). This grant was made in lieu of cash fees of $68,489.01. Each restricted stock unit represents the right to receive one share of Yahoo! Inc. common stock. These units are fully vested on the date of grant. Vested shares will generally be delivered on the earlier of the date the director's service terminates or the first anniversary of the date of grant, subject to any election by the reporting person to defer payment.