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Mayer, who has failed to turn the Internet pioneer around in five years as CEO, is expected to step aside when Verizon completes its $4.5 billion purchase of Yahoo.

 She has a total of 4.5 million shares of Yahoo stock and options, plus restricted stock that will vest when the Verizon deal goes through, according to a filing on Monday. Yahoo said last week it expected the deal to close in June.

Once Mayer pays to exercise her options, she’ll be left with $186 million, based on Yahoo (YHOO, Tech30) stock’s closing price of $48.15 a share on Monday.

She will also get a $3 million golden parachute — cash severance that accompanies the sale of the company. The companies announced the sale in July 2016.

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Marissa Mayer will walk away from Yahoo with $186 million

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Click link below for article and video:

http://money.cnn.com/2017/04/25/technology/marissa-mayer-186-million/index.html

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