Filing Details

Accession Number:
0001209191-16-138539
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-24 18:38:03
Reporting Period:
2016-08-22
Filing Date:
2016-08-24
Accepted Time:
2016-08-24 18:38:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1345016 Yelp Inc YELP Services-Personal Services (7200) 201854266
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1682155 Michael Stoppelman 140 New Montgomery St
9Th Floor
San Francisco CA 94105
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2016-08-22 5,000 $0.00 131,948 No 4 C Direct
Class A Common Stock Disposition 2016-08-22 5,000 $38.19 126,948 No 4 S Direct
Class A Common Stock Disposition 2016-08-23 2,781 $37.45 124,167 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C 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
Class B Common Stock Employee Stock Option (Right to Buy) Disposition 2016-08-22 5,000 $0.00 5,000 $7.16
Class A Common Stock Class B Common Stock Acquisiton 2016-08-22 5,000 $0.00 5,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2016-08-22 5,000 $0.00 5,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,000 2021-01-26 No 4 M Direct
5,000 No 4 M Direct
0 No 4 C Direct
Footnotes
  1. Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock.
  2. Shares were sold pursuant to a duly adopted 10b5-1 trading plan.
  3. Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of certain RSUs, previously reported in Table I following the date of grant. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
  4. Fully vested.
  5. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. All Class A Common Stock and Class B Common Stock will convert automatically into Common Stock on the earlier of (i) the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock and (ii) seven years following the effective date of the issuer's initial public offering.
  6. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock (i) upon any transfer, whether or not for value (subject to certain exceptions), or (ii) in the event of the death or disability (as defined in the amended and restated certificate of incorporation of the issuer) of the Reporting Person, or (iii) upon such date as is specified by the affirmative vote or written consent of at least 66 2/3% of the outstanding shares of Class B Common Stock.
  7. Not applicable.