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Semel garners $80 million from stock options

The Yahoo CEO last month raked in an $80 million profit from selling stock options, bringing his total gains this year to $230 million.

Yahoo CEO Terry Semel last month raked in an $80 million profit from selling stock options, bringing his total gains from options this year to $230 million. Semel bought about 3 million shares through options in October, at prices ranging from $4.62 to $8.81. These shares were sold for between $34.15 and $36.60 each, a company representative confirmed. Semel, who joined the Web company in 2001, was awarded 10 million options as part of his compensation package. Yahoo's stock has since been split.

In 2003, Semel sold 1 million presplit options and netted $25.4 million.