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

Signature
/s/ Ho Shin, Attorney-in-Fact
Stock symbol
YEXT
Transactions as of
Sep 20, 2021
Transactions value $
-$227,710
Form type
4
Date filed
9/22/2021, 04:50 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 +14.4K +15.65% 106K Sep 20, 2021 Direct F1
transaction YEXT Common Stock Options Exercise +10.9K +10.29% 117K Sep 20, 2021 Direct F1
transaction YEXT Common Stock Options Exercise +7.81K +6.67% 125K Sep 20, 2021 Direct F1
transaction YEXT Common Stock Options Exercise +6.25K +5% 131K Sep 20, 2021 Direct F1
transaction YEXT Common Stock Sale -$228K -18.6K -14.16% $12.25 113K Sep 20, 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 -12.5% $0.00 101K Sep 20, 2021 Common Stock 14.4K Direct F1, F4
transaction YEXT Restricted Stock Unit Options Exercise $0 -10.9K -7.69% $0.00 131K Sep 20, 2021 Common Stock 10.9K Direct F1, F5
transaction YEXT Restricted Stock Unit Options Exercise $0 -7.81K -7.14% $0.00 102K Sep 20, 2021 Common Stock 7.81K Direct F1, F6
transaction YEXT Restricted Stock Unit Options Exercise $0 -6.25K -6.25% $0.00 93.8K Sep 20, 2021 Common Stock 6.25K Direct F1, F7
* 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 $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 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.
F7 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.