Howard Lerman - Dec 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: Dec 20, 2021
Transactions value $: -$272,523
Form type: 4
Date filed: 12/21/2021, 04:03 PM
Previous filing: Sep 22, 2021
Next filing: Mar 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YEXT	Common Stock	Options Exercise		+26.3K	+0.83%		3.2M	Dec 20, 2021	Direct	F1
transaction	YEXT	Common Stock	Options Exercise		+12.5K	+0.39%		3.22M	Dec 20, 2021	Direct	F1
transaction	YEXT	Common Stock	Options Exercise		+12.5K	+0.39%		3.23M	Dec 20, 2021	Direct	F1
transaction	YEXT	Common Stock	Options Exercise		+9.38K	+0.29%		3.24M	Dec 20, 2021	Direct	F1
transaction	YEXT	Common Stock	Sale	-$273K	-26.3K	-0.81%	$10.37	3.21M	Dec 20, 2021	Direct	F2, F3
holding	YEXT	Common Stock						469K	Dec 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	-6.67%	$0.00	368K	Dec 20, 2021	Common Stock	26.3K		Direct	F1, F5
transaction	YEXT	Restricted Stock Unit	Options Exercise	$0	-12.5K	-8.33%	$0.00	138K	Dec 20, 2021	Common Stock	12.5K		Direct	F1, F6
transaction	YEXT	Restricted Stock Unit	Options Exercise	$0	-12.5K	-14.29%	$0.00	75K	Dec 20, 2021	Common Stock	12.5K		Direct	F1, F7
transaction	YEXT	Restricted Stock Unit	Options Exercise	$0	-9.38K	-33.33%	$0.00	18.8K	Dec 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 $10.2600 to $10.6000, 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.