Filing Details
- Accession Number:
- 0001614178-19-000498
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-12-26 16:46:23
- Reporting Period:
- 2019-12-20
- Accepted Time:
- 2019-12-26 16:46:23
- 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 |
|---|---|---|---|---|---|---|---|
| 1701985 | Christopher Tom Dixon | One Madison Ave, Fifth Floor New York NY 10010 | Chief Technology 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 | Disposition | 2019-12-20 | 5,000 | $13.94 | 233,908 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2019-12-20 | 15,625 | $0.00 | 249,533 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2019-12-20 | 7,273 | $0.00 | 256,806 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2019-12-20 | 3,125 | $0.00 | 259,931 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-12-23 | 26,023 | $14.26 | 233,908 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2019-12-24 | 4,167 | $6.11 | 238,075 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-12-24 | 4,167 | $14.28 | 233,908 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | 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 | 2019-12-20 | 15,625 | $0.00 | 15,625 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2019-12-20 | 7,273 | $0.00 | 7,273 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2019-12-20 | 3,125 | $0.00 | 3,125 | $0.00 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2019-12-24 | 4,167 | $0.00 | 4,167 | $6.11 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 125,000 | No | 4 | M | Direct | ||
| 29,091 | No | 4 | M | Direct | ||
| 43,750 | No | 4 | M | Direct | ||
| 51,274 | 2026-04-28 | No | 4 | M | Direct |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by Reporting Person.
- Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $13.5900 to $14.3100, 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.
- Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
- This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person, separate from the plan referenced in footnote 1.
- Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $14.1100 to $14.4800, 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.
- Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $14.1700 to $14.5300, 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.
- 15,625 shares subject to award vest on March 20, 2018 and then quarterly thereafter on each June 20, September 20, December 20 and March 20, in each case subject to the executive's continued service on each such date, until the award is fully vested on December 20, 2021.
- One-eleventh of shares subject to award vests on June 20, 2018 and then quarterly thereafter on each of September 20, December 20, March 20 and June 20 thereafter, in each case subject to the executive's continued service on each such date, until the award is fully vested on December 20, 2020.
- 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.
- Twenty-five percent (25%) of shares subject to the option shall vest on April 22, 2017 and 1/36th of the remaining shares subject to the option shall vest in equal monthly installments on each monthly anniversary thereafter.
Billionaire Hedge Funds
