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

Role: President and COO
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, 05:37 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	Performance-Based Restricted Stock Unit	Award	$0	+35K		$0.00	35K	May 31, 2023	Common Stock	35K		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 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.

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 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.