Filing Details

Accession Number:
0001614178-21-000138
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-06-22 17:30:48
Reporting Period:
2021-06-20
Accepted Time:
2021-06-22 17:30:48
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
1701667 Howard Lerman 61 Ninth Avenue
New York NY 10011
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 Acquisiton 2021-06-20 12,500 $0.00 3,142,838 No 4 M Direct
Common Stock Acquisiton 2021-06-20 12,500 $0.00 3,155,338 No 4 M Direct
Common Stock Acquisiton 2021-06-20 9,375 $0.00 3,164,713 No 4 M Direct
Common Stock Disposition 2021-06-21 9,236 $13.79 3,155,477 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 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit Disposition 2021-06-20 12,500 $0.00 12,500 $0.00
Common Stock Restricted Stock Unit Disposition 2021-06-20 12,500 $0.00 12,500 $0.00
Common Stock Restricted Stock Unit Disposition 2021-06-20 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
162,500 No 4 M Direct
100,000 No 4 M Direct
37,500 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 469,482 Indirect See footnote
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
  2. Reflects the transfer of 235,653 shares to the Reporting Person and 469,482 shares to the trust referred to in footnote 5 from a trust of which the Reporting Person was the trustee and sole beneficiary. Such transfers were exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934.
  3. This transaction was effected pursuant to various non-discretionary, sell-to-cover arrangements mandated by the Issuer to fund tax withholding obligations in connection with the vesting of restricted stock units.
  4. Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $13.7300 to $13.9300, 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
  5. These shares are held by a trust of which the Reporting Person's spouse is the trustee and beneficiary.
  6. 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.
  7. 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.
  8. 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.