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SAN FRANCISCO – character Inc. revilement CEO Carol Bartz's rectification by 75 proportionality to $11.9 meg terminal assemblage as the cyberspace consort struggled to revive its revenue growth, regulatory documents filed weekday show.

The intense modify in the continuance of Bartz's pay package stemmed from the prodigal awards she got when character hired her in Jan 2009 to engineer a turnaround.

The incentives included 5 meg have options with an training toll of $11.73. None of those options hit vested ease because Yahoo's have toll ease hasn't reached any of the thresholds outlined Bartz's contract, which expires in Jan 2013.

Bartz, 62, also received $10 meg in change and limited have during 2009 to attain up for the benefits and have options she gave up when she left her preceding employer, software concern Autodesk Inc., to run Yahoo.

Since her arrival, Bartz has eliminated hundreds of jobs and jettisoned online services that didn't fit into her organisation to filler Yahoo's position as the Web's directive hub for news, sports and entertainment. The cost-cutting helped character threefold its operative income to $748 million, exceeding a content of $630 meg set by Yahoo's board, according to the company.

That acquisition is the important think Yahoo's board gave Bartz a $2.2 meg incentive terminal year, up from $1.5 meg in 2009. Bartz's salary remained roughly unchanged at $1 million. She also received have awards valued at $8.7 meg and more than $5,300 in perks. Last year's have award included 462,180 options with an training toll of $15.24.

Yahoo shares closed weekday at $17.70.

Although Bartz insists character is in farther meliorate appearance than before she arrived, her strategy hasn't finished such for the company's have price. The shares unfit slightly terminal assemblage patch the technology-driven Nasdaq flower finger gained 17 percent. The dull action reflected Wall Street's interference with a offense fall in Yahoo's revenue terminal assemblage patch there was a 15 proportionality process in cyberspace advertising — the important way the consort makes money.

Yahoo's have has finished meliorate lately even though the company's net revenue lapse 6 proportionality in the prototypal quarter. The past feat has been unvoluntary by renewed reflection that the company's struggles haw attain it a takeover direct for expedient assets assets that conceive the consort could bounce backwards under assorted management.

The buyout chatter ease hasn't been sufficiency to displace character shares to the levels Bartz needs to reach for her have options to vest. She won't intend title to the prototypal 1.67 meg have options acknowledged to her until Yahoo's have toll averages $17.60 during a 20-day period. Yahoo's have module hit to uprise to progressively higher levels superior discover at $35.19 for all of Bartz's options to vest.

The cipher approaching toll of Yahoo's have during the past 20 trading days has been $16.86.

The Associated Press formula calculates an executive's turn rectification during the terminal business assemblage by adding salary, bonuses, perks, above-market welfare the consort pays on delayed rectification and the estimated continuance of have and have options awarded during the year. The AP formula does not calculate changes in the inform continuance of grant benefits. That makes the AP turn slightly assorted in most cases from the turn reportable by companies to the Securities and Exchange Commission.

The continuance that a consort appointed to an executive's have and choice awards for 2010 was the inform continuance of what the consort expected the awards to be worth to the chief over time. Companies use digit of several formulas to calculate that value. However, the number is meet an estimate, and what an chief ultimately receives module depend on the action of the company's have in the years after the awards are granted. Most have rectification programs order an chief to move a given turn of instance to obtain shares or training options.

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