Search Engine Journal

Terry Semel of Yahoo exercised his options on 183,334 shares of common stock according to the Associated Press and the Securities and Exchange Commission, roughly $2.75 Million.

In a Form 4 filed with the SEC, Terry Semel reported he exercised options for the shares Monday and Tuesday for $8.23 apiece, and then sold all of them Monday and Tuesday for $22.94 to $23.57 apiece.