Yahoo's Semel sells 500,000 shares

Yahoo's Semel sells 500,000 shares

By Leticia Williams, CBS.MarketWatch.com Last Update: 10:46 AM ET July 18, 2003

WASHINGTON (CBS.MW) -- Yahoo Chairman Terry Semel sold 500,000 shares of company stock via the exercise of his options, according to a filing with the Securities and Exchange Commission on Friday.

CBS MARKETWATCH TOP NEWS U.S. stocks climb as Microsoft triggers tech buying Nokia hounded, Ericsson cheered as markets weigh in Microsoft stock edges higher after earnings report PeopleSoft earnings top estimates Free! Sign up here to receive our After the Bell Report e-Newsletter! TRACK THESE TOPICS My Portfolio Alerts Company: Yahoo! Inc. Add Create Column: SEC Filings Create Get Breaking News sent directly to your inbox  Create A Portfolio | Create An Alert

Semel exercised the Yahoo (YHOO: news, chart, profile) options and sold the shares in two parts on July 16. He exercised 437,500 shares at $9.24 and 62,500 shares at $16.46.

All of the shares were sold at prices ranging from $32 to $32.64, according to the filing.

After the sale, Semel directly owned 1 million shares of the Internet service provider's common stock.

On Wall Street, shares of Sunnyvale, Calif.-based Yahoo were down 54 cents at $30.07.

Leticia Williams is a reporter for CBS.MarketWatch.com in Washington.

naja, bei ueber 100% plus in so kurzer zeit, kann man das ja machen....

MfG, ZiZo

 

;-)

MfG, ZiZo