Semel, Sells Off 750,000 Yahoo Shares

Discussion in 'Yahoo' started by Ohene, Oct 25, 2007.

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  1. #1
    He exercised options for $15 each and then sold those options for $29 to $29.90 each. You can see the detailed transactions on this SEC filing, which shows he first exercised 500,000 shares at $15 each on 10/19/2007, and sold them that day and then exercised 250,000 shares at $15 each on 10/22/2007, and sold them that day.

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    Ohene, Oct 25, 2007 IP
  2. Divisive Cottonwood

    Divisive Cottonwood Peon

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    #2
    Who's Semel?

    I don't get the point of this post.
     
    Divisive Cottonwood, Oct 25, 2007 IP
  3. MindElude

    MindElude Peon

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    #3
    He was the Chairman and CEO of Yahoo. (Which I believe he is no longer)
     
    MindElude, Oct 25, 2007 IP
  4. notrick

    notrick Banned

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    #4
    I know that, cuz I bought 740000 Shares from him the other day. :)
    Want some? I am giving it for freee. :) hi hi hi.
    Sorry. was just feeling bored
     
    notrick, Oct 25, 2007 IP
  5. kenn

    kenn Peon

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    #5
    When the CEO sells, most investors would take it that the company is not doing as well and the stock price would be heading south.

    It will be interesting to see how many Google shares the founders sell in the open market. :)
     
    kenn, Oct 26, 2007 IP