Howard Lerman - Sep 20, 2021 Form 4 Insider Report for Yext, Inc. (YEXT)

Role
Chief Executive Officer, Director
Signature
/s/ Ho Shin, Attorney-in-Fact
Stock symbol
YEXT
Transactions as of
Sep 20, 2021
Transactions value $
-$320,220
Form type
4
Date filed
9/22/2021, 04:48 PM
Previous filing
Jul 1, 2021
Next filing
Dec 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YEXT Common Stock Options Exercise +26.3K +0.84% 3.17M Sep 20, 2021 Direct F1
transaction YEXT Common Stock Options Exercise +12.5K +0.39% 3.18M Sep 20, 2021 Direct F1
transaction YEXT Common Stock Options Exercise +12.5K +0.39% 3.19M Sep 20, 2021 Direct F1
transaction YEXT Common Stock Options Exercise +9.38K +0.29% 3.2M Sep 20, 2021 Direct F1
transaction YEXT Common Stock Sale -$320K -26.1K -0.82% $12.25 3.18M Sep 20, 2021 Direct F2, F3
holding YEXT Common Stock 469K Sep 20, 2021 See footnote 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 YEXT Restricted Stock Unit Options Exercise $0 -26.3K -6.25% $0.00 394K Sep 20, 2021 Common Stock 26.3K Direct F1, F5
transaction YEXT Restricted Stock Unit Options Exercise $0 -12.5K -7.69% $0.00 150K Sep 20, 2021 Common Stock 12.5K Direct F1, F6
transaction YEXT Restricted Stock Unit Options Exercise $0 -12.5K -12.5% $0.00 87.5K Sep 20, 2021 Common Stock 12.5K Direct F1, F7
transaction YEXT Restricted Stock Unit Options Exercise $0 -9.38K -25% $0.00 28.1K Sep 20, 2021 Common Stock 9.38K Direct F1, F8
* 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 various 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 $12.1300 to $12.5500, 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 These shares are held by a trust of which the Reporting Person's spouse is the trustee and beneficiary.
F5 One-sixteenth of shares subject to award vests on September 20, 2021 and then quarterly thereafter on each of December 20, March 20, June 20 and September 20 and in each case subject to the executive's continued service on each such date, until the award is fully vested on June 20, 2025.
F6 One-sixteenth of shares subject to award vests on December 20, 2020 and then quarterly thereafter on each of March 20, June 20, September 20 and December 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.
F7 One-sixteenth of shares subject to award vests on September 20, 2019 and then quarterly thereafter on each of December 20, March 20, June 20 and September 20, in each case subject to the executive's continued service on each such date, until the award is fully vested on June 20, 2023.
F8 One-sixteenth of shares subject to award vests on September 20, 2018 and then quarterly thereafter on each of December 20, March 20, June 20 and September 20, in each case subject to the executive's continued service on each such date, until the award is fully vested on June 20, 2022.