David Rudnitsky - Jun 20, 2021 Form 4 Insider Report for Yext, Inc. (YEXT)

Role
President & CRO
Signature
/s/ Ho Shin, Attorney-in-Fact
Stock symbol
YEXT
Transactions as of
Jun 20, 2021
Transactions value $
-$211,591
Form type
4
Date filed
6/22/2021, 05:31 PM
Previous filing
Jun 15, 2021
Next filing
Jul 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YEXT Common Stock Options Exercise +14.4K +19.4% 88.5K Jun 20, 2021 Direct F1
transaction YEXT Common Stock Options Exercise +10.9K +12.36% 99.4K Jun 20, 2021 Direct F1
transaction YEXT Common Stock Options Exercise +7.81K +7.86% 107K Jun 20, 2021 Direct F1
transaction YEXT Common Stock Sale -$212K -15.3K -14.31% $13.79 91.9K Jun 21, 2021 Direct F2, F3

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 Restricted Stock Unit Options Exercise $0 -14.4K -11.11% $0.00 115K Jun 20, 2021 Common Stock 14.4K Direct F1, F4
transaction YEXT Restricted Stock Unit Options Exercise $0 -10.9K -7.14% $0.00 142K Jun 20, 2021 Common Stock 10.9K Direct F1, F5
transaction YEXT Restricted Stock Unit Options Exercise $0 -7.81K -6.67% $0.00 109K Jun 20, 2021 Common Stock 7.81K Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
F2 This transaction was effected pursuant to non-discretionary, sell-to-cover arrangements mandated by the Issuer to fund tax withholding obligations in connection with the vesting of restricted stock units.
F3 Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $13.7300 to $13.9300, inclusive. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of common shares sold at each separate price
F4 One-tenth of the shares subject to award vests on March 20, 2021 and then quarterly thereafter on each of June 20, September 20, December 20 and March 20 in each case subject to the executive's continued service on each such date, until such units are fully vested on June 20, 2023.
F5 One-fifteenth of shares subject to award vests on March 20, 2021 and then quarterly thereafter on each of June 20, September 20, December 20, and March 20 in each case subject to the executive's continued service on each such date, until the award is fully vested on September 20, 2024.
F6 One-sixteenth of shares subject to award vests on March 20, 2021 and then quarterly thereafter on each of June 20, September 20, December 20 and March 20, in each case subject to the executive's continued service on each such date, until the award is fully vested on December 20, 2024.