Joseph R. Nachman - 01 Jun 2022 Form 4 Insider Report for YELP INC (YELP)

Role: Chief Operating Officer
Signature: /s/ Elizabeth Prosser, Attorney-in-Fact
Issuer symbol: YELP
Transactions as of: 01 Jun 2022
Net transactions value: -$160,656
Form type: 4
Filing time: 03 Jun 2022, 16:33:32 UTC
Previous filing: 27 May 2022
Next filing: 22 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	Options Exercise	$423,600	+20,000	+6.1%	$21.18	346,913	01 Jun 2022	Direct	F1
transaction	YELP	Common Stock	Sale	$453,624	-15,595	-4.5%	$29.09	331,318	01 Jun 2022	Direct	F2, F3
transaction	YELP	Common Stock	Sale	$130,632	-4,405	-1.3%	$29.66	326,913	01 Jun 2022	Direct	F2, F4

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	Employee Stock Option (Right to Buy)	Options Exercise	$0	-20,000	-100%	$0.000000^*	0	01 Jun 2022	Common Stock	20,000	$21.18	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Includes 739 shares purchased under the Issuer's 2012 Employee Stock Purchase Plan ("ESPP") on May 31, 2022.
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 $28.60 to $29.60, 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 $29.605 to $29.77, 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.
F5	Fully vested.