8-K 1 d8k.htm FORM 8-K Form 8-K





Washington, D.C. 20549







Pursuant to Section 13 or 15(d) of The

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 24, 2010



Yahoo! Inc.

(Exact name of registrant as specified in its charter)




Delaware   000-28018   77-0398689

(State or other jurisdiction

of incorporation)



File Number)


(I.R.S. Employer

Identification No.)


701 First Avenue  
Sunnyvale, California   94089
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (408) 349-3300

Not Applicable

(Former name or former address, if changed since last report.)



Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 5.07 Submission of Matters to a Vote of Security Holders.

On June 24, 2010, Yahoo! Inc. (“Yahoo!” or the “Company”) held its Annual Meeting of Shareholders (the “Meeting”). At the Meeting, shareholders elected each director nominee to the Board of Directors by the following votes:



   Votes For    Votes Against    Absentions    Broker Non-Votes

Carol Bartz

   1,030,276,598    5,957,156    15,385,011    156,764,216

Roy J. Bostock

   962,479,391    73,302,755    15,836,619    156,764,216

Patti S. Hart

   1,030,997,810    5,141,908    15,479,046    156,764,216

Eric Hippeau

   996,805,454    38,931,514    15,881,797    156,764,216

Susan M. James

   1,030,976,606    5,171,804    15,470,355    156,764,216

Vyomesh Joshi

   1,004,089,380    32,026,603    15,502,782    156,764,216

Arthur H. Kern

   950,598,067    85,151,764    15,868,934    156,764,216

Brad D. Smith

   1,030,956,771    5,406,544    15,255,450    156,764,216

Gary L. Wilson

   1,029,576,656    6,173,313    15,868,796    156,764,216

Jerry Yang

   1,024,095,863    12,114,256    15,408,645    156,764,216

At the Meeting, the shareholders voted on the other proposals as follows:



Shareholders approved amendments to the Company’s 1996 Directors’ Stock Plan (with 834,756,077 votes for, 200,767,146 votes against, 16,095,542 abstentions, and 156,764,216 broker non-votes).



Shareholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2010 (with 1,182,000,348 votes for, 10,105,679 votes against, 16,276,954 abstentions, and 0 broker non-votes).



Shareholders defeated a shareholder proposal calling for an advisory vote on executive compensation (with 294,919,548 votes for, 737,588,129 votes against, 19,111,087 abstentions, and 156,764,216 broker non-votes).

All vote counts above have been rounded to the nearest whole share.


Item 7.01 Regulation FD Disclosure.

On June 24, 2010, the Yahoo! Board of Directors approved a new stock repurchase program. Under the program, Yahoo! is authorized to repurchase up to $3 billion of its outstanding shares of common stock from time to time over the next three years. The repurchases may take place in the open market or in privately negotiated transactions, including derivative transactions, and may be made under a Rule 10b5-1 plan.


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.





/S/    TIMOTHY R. MORSE        

Name:   Timothy R. Morse
Title:   Executive Vice President and Chief Financial Officer

Date: June 30, 2010