Brian Distelburger - Sep 20, 2023 Form 4 Insider Report for Yext, Inc. (YEXT)

Role
Director
Signature
/s/ Ho Shin, Attorney-in-Fact
Stock symbol
YEXT
Transactions as of
Sep 20, 2023
Transactions value $
-$30,962
Form type
4
Date filed
9/21/2023, 04:10 PM
Previous filing
Jun 22, 2023
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YEXT Common Stock Options Exercise +9.38K +0.3% 3.11M Sep 20, 2023 Direct F1
transaction YEXT Common Stock Options Exercise +6.25K +0.2% 3.11M Sep 20, 2023 Direct F1
transaction YEXT Common Stock Tax liability -$31K -5K -0.16% $6.19 3.11M Sep 20, 2023 Direct F2

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 -9.38K -20% $0.00 37.5K Sep 20, 2023 Common Stock 9.38K Direct F1, F3
transaction YEXT Restricted Stock Unit Options Exercise $0 -6.25K -12.5% $0.00 43.8K Sep 20, 2023 Common Stock 6.25K Direct F1, F4
* 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 Shares withheld to satisfy tax liability upon vesting of restricted stock units on September 20, 2023.
F3 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.
F4 One-sixteenth of shares subject to award vested 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 reporting person's continued service on each such date, until the award is fully vested on June 20, 2025.