MarketWatch reports that Terry Semel, the CEO of Yahoo, has been granted 1.3 million stock options from his company. The options have an "exercise price" of $40.68, which is about $10 above Tuesday's closing price of $30.99. These options are set to expire March 10, 2013. Semel was also granted 7.2 million options in 2004, according to the San Jose Business Journal.
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