Michael Walrath - Mar 8, 2022 Form 4 Insider Report for Yext, Inc. (YEXT)

Role: Director
Signature: /s/ Ho Shin, Attorney-in-Fact
Stock symbol: YEXT
Transactions as of: Mar 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/9/2022, 08:18 PM
Previous filing: Jun 10, 2021
Next filing: Mar 10, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	YEXT	Performance-Based Restricted Stock Unit	Award	$0	+2M		$0.00	2M	Mar 8, 2022	Common Stock	2M		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each performance-based restricted stock unit, or PSU, represents a contingent right to receive one share of the Company's common stock.
F2	The shares subject to the PSUs will be eligible to vest following the award's grant date based on the Company's average stock price trading at each of the following milestones: $15, $17, $19 and $21 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest as to 1/16 quarterly on each June 20, September 20, December 20 and March 20 following March 20, 2022, subject to the executive's continued service on such date.

Content

Each performance-based restricted stock unit, or PSU, represents a contingent right to receive one share of the Company's common stock.

The shares subject to the PSUs will be eligible to vest following the award's grant date based on the Company's average stock price trading at each of the following milestones: $15, $17, $19 and $21 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest as to 1/16 quarterly on each June 20, September 20, December 20 and March 20 following March 20, 2022, subject to the executive's continued service on such date.