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Marissa Mayer will make $186mn from Yahoo's sale to Verizon

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CIOL Marissa Mayer will make $186mn from Yahoo's sale to Verizon

She may have failed to turn around Yahoo's fortunes but CEO Marissa Mayer would leave the ship with her hands full, quite literally.

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Mayer 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. Once she pays to exercise her options, she'll be left with $186 million based on Monday’s stock price of $48.15.

This compensation does not include her salary and bonuses over the past five years or the value of other stock that Mayer has already sold. She will also get a $3 million golden parachute -- cash severance that accompanies the sale of the company.

Most of Mayer’s payout is based on the 208 percent increase in Yahoo’s stock price since she joined the company in 2012. Although Yahoo’s core businesses of email, news and search remain tumultuous under Mayer’s leadership, long-held investments in Alibaba, China’s leading e-commerce company, and Yahoo Japan, an affiliated company controlled by SoftBank, increased in value, driving up Yahoo’s stock price.

Mayer was denied bonus for last year after hackers compromised 1 billion user accounts. The breach also caused Verizon to shave $350 million off the previous sale price of $4.8 billion.