Chris Terrill - 07 Jun 2022 Form 4 Insider Report for YELP INC (YELP)

Role: Director
Signature: /s/ Elizabeth Prosser, Attorney-in-Fact
Issuer symbol: YELP
Transactions as of: 07 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 09 Jun 2022, 16:33:29 UTC
Previous filing: 06 Jun 2022
Next filing: 14 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YELP	Common Stock	Award	$0	+5,088	+90%	$0.000000	10,770	07 Jun 2022	Direct	F1
transaction	YELP	Common Stock	Award	$0	+843	+7.8%	$0.000000	11,613	07 Jun 2022	Direct	F2

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	YELP	Stock Option (Right to Buy)	Award	$0	+10,150		$0.000000	10,150	07 Jun 2022	Common Stock	10,150	$31.42	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Represents the grant of restricted stock units that vest as follows: (a) 25% on May 20, 2023, then (b) the remaining shares vest in equal quarterly installments over the following three years.
F2	Represents the grant of restricted stock units that vest in equal installments on August 20, 2022, November 20, 2022 and February 20, 2023.
F3	The shares underlying the stock option vest in installments as follows: (a) 25% of the shares vest on March 11, 2023, then (b) the remaining shares vest in equal monthly installments over the following 36 months.