Terry Semel Sells 750,000 Of Yahoo's Shares For $20 Million

Oct 26, 2007 | 1,894 views | by Navneet Kaushal
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terry semel imgg Terry Semel Sells 750,000 Of Yahoos Shares For $20 Million

Terry Semel exercised his options and sold off 750,000 shares of Yahoo's stock for $20 Million at $29 to $29.90 apiece, according to a Securities and Exchange Commission filing Tuesday, informs CNN Money.

terry semel champ Terry Semel Sells 750,000 Of Yahoos Shares For $20 Million

“In a Form 4 filed with the SEC, Terry Semel reported he exercised options for $15 apiece and then sold all the shares the same day for $29 to $29.90 apiece. Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.”

 Terry Semel Sells 750,000 Of Yahoos Shares For $20 Million

Of late, Yahoo's share price has increased after the announcement of Yahoo's earnings report was positive.

4.thumbnail Terry Semel Sells 750,000 Of Yahoos Shares For $20 Million

Navneet Kaushal

Navneet Kaushal is the founder and CEO of PageTraffic, an SEO Agency in India with offices in Chicago, Mumbai and London. A leading search strategist, Navneet helps clients maintain an edge in search engines and the online media. Navneet's expertise has established PageTraffic as one of the most awarded and successful search marketing agencies.
4.thumbnail Terry Semel Sells 750,000 Of Yahoos Shares For $20 Million
4.thumbnail Terry Semel Sells 750,000 Of Yahoos Shares For $20 Million