Evan Skorpen - Sep 30, 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 30, 2023
Transactions value $
$0
Form type
4
Date filed
10/2/2023, 04:11 PM
Previous filing
Jun 15, 2023
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YEXT Common Stock Options Exercise +20.8K +83.33% 45.7K Sep 30, 2023 Direct F1, 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 -20.8K -33.33% $0.00 41.6K Sep 30, 2023 Common Stock 20.8K Direct F1, F3, 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 Includes 4,360 shares of restricted stock, which vest on March 20, 2024, and 20,588 shares of restricted stock, which vest on June 13, 2024, in each case subject to Reporting Person's continued service to Issuer on such respective date.
F3 The restricted stock and restricted stock unit awards were granted to the Reporting Person, a director of the Issuer. The Reporting Person is also a partner at Lead Edge Capital, and is obligated to remit the proceeds of any sale of shares of common stock issued to the Reporting Person to Lead Edge Capital. As such, the Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of this pecuniary interest therein, if any.
F4 One-third of the shares subject to award shall vest on September 30, 2023, and then annually thereafter on each September 30, subject to the Reporting Person's continued service to the Issuer on such date until the award is fully vested on September 30, 2025.