Darryl Bond - Mar 20, 2024 Form 4 Insider Report for Yext, Inc. (YEXT)

Role
Chief Financial Officer
Signature
/s/ Ho Shin, Attorney-in-Fact
Stock symbol
YEXT
Transactions as of
Mar 20, 2024
Transactions value $
-$111,961
Form type
4
Date filed
3/22/2024, 09:02 AM
Previous filing
Dec 21, 2023
Next filing
Jun 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YEXT Common Stock Options Exercise +3.75K +1.42% 267K Mar 20, 2024 Direct F1
transaction YEXT Common Stock Options Exercise +3.13K +1.17% 270K Mar 20, 2024 Direct F1
transaction YEXT Common Stock Options Exercise +5K +1.85% 275K Mar 20, 2024 Direct F1
transaction YEXT Common Stock Options Exercise +37.5K +13.62% 313K Mar 20, 2024 Direct F1
transaction YEXT Common Stock Options Exercise +3.44K +1.1% 316K Mar 20, 2024 Direct F1
transaction YEXT Common Stock Tax liability -$112K -19K -6.02% $5.88 297K Mar 20, 2024 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 Award $0 +150K $0.00 150K Mar 20, 2024 Common Stock 150K Direct F1, F3
transaction YEXT Restricted Stock Unit Options Exercise $0 -3.75K -33.33% $0.00 7.5K Mar 20, 2024 Common Stock 3.75K Direct F1, F4
transaction YEXT Restricted Stock Unit Options Exercise $0 -3.13K -16.67% $0.00 15.6K Mar 20, 2024 Common Stock 3.13K Direct F1, F5
transaction YEXT Restricted Stock Unit Options Exercise $0 -5K -20% $0.00 20K Mar 20, 2024 Common Stock 5K Direct F1, F6
transaction YEXT Restricted Stock Unit Options Exercise $0 -37.5K -11.11% $0.00 300K Mar 20, 2024 Common Stock 37.5K Direct F1, F7
transaction YEXT Restricted Stock Unit Options Exercise $0 -3.44K -7.14% $0.00 44.7K Mar 20, 2024 Common Stock 3.44K 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 Shares withheld to satisfy tax liability upon vesting of restricted stock units on March 20, 2024.
F3 100% of the shares subject to award shall vest on June 20, 2025, subject to Reporting Person's continued service to Issuer on such date.
F4 One-sixteenth of shares subject to award vested 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.
F5 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 executive's continued service on each such date, until the award is fully vested on June 20, 2025.
F6 Shares subject to award vest on December 20, 2021 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, 2025. Forty percent of total shares subject to award vest in equal quarterly increments over the first four vesting dates, 30 percent of total shares subject to award vest in equal quarterly increments over the following four vesting dates, 20 percent of total shares subject to award vest in equal quarterly increments over the following four vesting dates, and 10 percent of total shares subject to award vest in equal quarterly increments over the final four vesting dates.
F7 One-sixteenth of shares subject to award vested on June 20, 2022 and then quarterly thereafter on each of September 20, December 20 and March 20 of each year, subject to the reporting person's continued service on each such date.
F8 One-sixteenth of shares subject to award will vest on September 20, 2023 and quarterly thereafter on each December 20, March 20, June 20 and September 20, subject to the reporting person's continued service on each such date, until the award is fully vested on June 20, 2027.