Filing Details
- Accession Number:
- 0001614178-21-000266
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-21 17:06:33
- Reporting Period:
- 2021-12-20
- Accepted Time:
- 2021-12-21 17:06:33
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1614178 | Yext Inc. | YEXT | Services-Computer Processing & Data Preparation (7374) | 208059722 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1703550 | Darryl Bond | 61 Ninth Avenue New York NY 10011 | Chief Accounting Officer | No | 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 | Acquisiton | 2021-12-20 | 10,000 | $0.00 | 33,815 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2021-12-20 | 3,750 | $0.00 | 37,565 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2021-12-20 | 3,125 | $0.00 | 40,690 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2021-12-20 | 1,563 | $0.00 | 42,253 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2021-12-20 | 1,094 | $0.00 | 43,347 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-12-20 | 8,130 | $10.37 | 35,217 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | 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 | 2021-12-20 | 10,000 | $0.00 | 10,000 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2021-12-20 | 3,750 | $0.00 | 3,750 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2021-12-20 | 3,125 | $0.00 | 3,125 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2021-12-20 | 1,563 | $0.00 | 1,563 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2021-12-20 | 1,094 | $0.00 | 1,094 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 90,000 | No | 4 | M | Direct | ||
| 41,250 | No | 4 | M | Direct | ||
| 43,750 | No | 4 | M | Direct | ||
| 3,125 | No | 4 | M | Direct | ||
| 6,563 | No | 4 | M | Direct |
Footnotes
- Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
- This transaction was effected pursuant to non-discretionary, sell-to-cover arrangements mandated by the Issuer to fund tax withholding obligations in connection with the vesting of restricted stock units.
- Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.2600 to $10.6000, 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
- Shares subject to award vest on December 20, 2021 and then quarterly thereafter on each of March 20, June 20, September 20 and December 20 in each case subject to the executive's continued service on each such date, until the award is fully vested on September 20, 2025. Forty percent of total shares subject to award vest in equal quarterly increments over the first four vesting dates, 30 percent of total shares subject to award vest in equal quarterly increments over the following four vesting dates, 20 percent of total shares subject to award vest in equal quarterly increments over the following four vesting dates, and 10 percent of total shares subject to award vest in equal quarterly increments over the final four vesting dates.
- One-sixteenth of shares subject to award vests on December 20, 2020 and then quarterly thereafter on each of March 20, June 20, September 20 and December 20, in each case subject to the executive's continued service on each such date, until the award is fully vested on September 20, 2024.
- One-sixteenth of shares subject to award vests on September 20, 2021 and then quarterly thereafter on each of December 20, March 20, June 20 and September 20 and in each case subject to the executive's continued service on each such date, until the award is fully vested on June 20, 2025.
- 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.
- One-sixteenth of shares subject to award vests on September 20, 2019 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, 2023.
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