Darryl Bond - May 31, 2023 Form 4 Insider Report for Yext, Inc. (YEXT)

Role
Chief Financial Officer
Signature
/s/ Ho Shin, Attorney-in-Fact
Stock symbol
YEXT
Transactions as of
May 31, 2023
Transactions value $
$0
Form type
4
Date filed
6/1/2023, 05:32 PM
Previous filing
Mar 22, 2023
Next filing
Jun 21, 2023

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 Restricted Stock Unit Award $0 +55K $0.00 55K May 31, 2023 Common Stock 55K Direct F1, F2
transaction YEXT Performance-Based Restricted Stock Unit Award $0 +35K $0.00 35K May 31, 2023 Common Stock 35K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
F2 One-sixteenth of shares subject to award will vest on September 20, 2023 and quarterly thereafter on each December 20, March 20, June 20 and September 20, subject to the reporting person's continued service on each such date, until the award is fully vested on June 20, 2027.
F3 Each performance-based restricted stock unit, or PSU, represents a contingent right to receive one share of the Company's common stock.
F4 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 and $17 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest as to 50% on September 20, 2023, as to 25% on December 20, 2023 and as to 25% on March 20, 2024, subject to the reporting person's continued service on such date.