Joseph R. Nachman - 20 May 2022 Form 4/A - Amendment Insider Report for YELP INC (YELP)

Role
Chief Operating Officer
Signature
/s/ Elizabeth Prosser, Attorney-in-Fact
Issuer symbol
YELP
Transactions as of
20 May 2022
Net transactions value
-$467,237
Form type
4/A - Amendment
Filing time
27 May 2022, 18:36:53 UTC
Date Of Original Report
24 May 2022
Previous filing
22 Apr 2022
Next filing
03 Jun 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 Tax liability $294,067 -9,928 -2.9% $29.62 332,174 20 May 2022 Direct F1
transaction YELP Common Stock Sale $137,112 -4,778 -1.4% $28.70 327,396 23 May 2022 Direct F2, F3
transaction YELP Common Stock Sale $36,057 -1,222 -0.37% $29.51 326,174 23 May 2022 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of certain RSUs, which were previously reported in Table I following the date of grant.
F2 Shares were sold pursuant to a duly adopted 10b5-1 trading plan, adopted by the reporting person on February 17, 2022.
F3 The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $28.30 to $29.09, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.
F4 The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $29.34 to $29.70, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.

Remarks:

The Form 4 originally filed on May 24, 2022 incorrectly reflected the number of shares withheld to satisfy tax withholding obligations in connection with the vesting of certain RSUs and, as a result, the numbers of non-derivative securities beneficially owned following such disposition and the subsequent sales were also incorrect. As reflected in this amendment, 9,928 shares were withheld and the correct numbers of non-derivative securities beneficially owned following such disposition and the subsequent sales are 332,174 shares, 327,396 shares and 326,174 shares, respectively. This amendment is intended to replace, in its entirety, the Form 4 filed on May 24, 2022.