After failing to close the Microsoft merger or a search deal with Google, on June 25, Yahoo’s directors finally got what they had coming to them: stock options, and lots of them.
As part of their annual compensation, Yahoo (YHOO) awarded each of its directors the option to buy 15,000 shares at a price of $15.53 on June 25, 2016.
By then, Yahoo’s shares should (hopefully) be worth much more than $15.53, and selling grant stock, the directors will get to keep the difference.
If Yahoo shares grow at a moderate 5% pace till then, each director will have earned around $95,000 for his or her diligent work shepherding Yahoo so carefully through such a tumultuous 12 months.
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