Yahoo Grants 1.3 Million Options to CEO, Terry Semel

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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