Filing Details

Accession Number:
0001614178-18-000387
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-09-24 17:10:59
Reporting Period:
2018-09-20
Accepted Time:
2018-09-24 17:10:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1614178 Yext Inc. YEXT Services-Computer Processing & Data Preparation (7374) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1701667 Howard Lerman One Madison Ave, Fifth Floor
New York NY 10010
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2018-09-20 17,401 $25.05 4,677,145 No 4 S Direct
Common Stock Disposition 2018-09-20 12,599 $25.48 4,664,546 No 4 S Direct
Common Stock Acquisiton 2018-09-20 9,375 $0.00 4,673,921 No 4 M Direct
Common Stock Disposition 2018-09-21 3,294 $24.83 4,670,627 No 4 S Direct
Common Stock Disposition 2018-09-21 30,000 $24.88 4,640,627 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Disposition 2018-09-20 9,375 $0.00 9,375 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
140,625 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,200,000 Indirect See footnote
Footnotes
  1. This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by Reporting Person.
  2. Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $24.3800 to $25.3500, inclusive. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of common shares sold at each separate price.
  3. Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $25.4100 to $25.6700, inclusive. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of common shares sold at each separate price.
  4. Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
  5. This transaction was effected pursuant to a non-discretionary, sell-to-cover arrangement mandated by the Issuer to fund tax withholding obligations in connection with the vesting of restricted stock units. This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person, separate from the plan referenced in footnote 1.
  6. Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $24.7700 to $24.8700, inclusive. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of common shares sold at each separate price.
  7. Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $24.6500 to $25.4000, inclusive. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of common shares sold at each separate price.
  8. These shares are held by a trust of which the Reporting Person is the trustee and sole beneficiary.
  9. One-sixteenth of shares subject to award vests on September 20, 2018 and then quarterly thereafter on each of December 20, March 20, June 20 and September 20, in each case subject to the executive's continued service on each such date, until the award is fully vested on June 20, 2022.