Joseph R. Nachman - Mar 6, 2023 Form 4 Insider Report for YELP INC (YELP)

Role: Chief Operating Officer
Signature: /s/ Elizabeth Prosser, Attorney-in-Fact
Stock symbol: YELP
Transactions as of: Mar 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/10/2023, 03:36 PM
Previous filing: Feb 22, 2023
Next filing: Mar 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YELP	Common Stock	Award	$0	+24.9K	+7.69%	$0.00	349K	Mar 6, 2023	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On February 14, 2022, the Reporting Person was granted performance-based restricted stock units covering 30,082 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of performance goals. On March 6, 2023, the performance criteria were met, resulting in 24,924 shares becoming eligible to vest according to the following schedule, subject to the Reporting Person's continued service with the Issuer: 31.25% of the shares will vest on March 15, 2023; and 6.25% of the shares will vest quarterly thereafter until fully vested.

Content

On February 14, 2022, the Reporting Person was granted performance-based restricted stock units covering 30,082 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of performance goals. On March 6, 2023, the performance criteria were met, resulting in 24,924 shares becoming eligible to vest according to the following schedule, subject to the Reporting Person's continued service with the Issuer: 31.25% of the shares will vest on March 15, 2023; and 6.25% of the shares will vest quarterly thereafter until fully vested.