X0303 4 2011-04-01 0 0001011006 YAHOO INC YHOO 0001182913 KENNY DAVID W 701 FIRST AVENUE SUNNYVALE CA 94089 1 0 0 0 Common Stock 2011-04-01 4 A 0 3006 0 A 3006 D These shares represent an automatic award of restricted stock units granted on the date the reporting person became a director under the Yahoo! Inc. 1996 Directors' Stock Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of Yahoo! common stock. These units are scheduled to vest on June 24, 2011 (or, if earlier, the day before the next annual meeting of shareholders of Yahoo! Inc.), subject to continuous service as a director. These vested units will generally be paid in an equivalent number of shares of Yahoo! common stock on the vesting date, subject to any election by the reporting person to defer payment. /s/ David W. Kenny 2011-04-05