Sam Eaton - 06 Mar 2023 Form 4 Insider Report for YELP INC (YELP)

Role: Chief Technology Officer
Signature: /s/ Elizabeth Prosser, Attorney-in-Fact
Issuer symbol: YELP
Transactions as of: 06 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 10 Mar 2023, 15:38:15 UTC
Previous filing: 22 Feb 2023
Next filing: 17 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YELP	Common Stock	Award	$0	+21,364	+9.4%	$0.000000	248,011	06 Mar 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 14, 2022, the Reporting Person was granted performance-based restricted stock units covering 25,786 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of performance goals. On March 6, 2023, the performance criteria were met, resulting in 21,364 shares becoming eligible to vest according to the following schedule, subject to the Reporting Person's continued service with the Issuer: 31.25% of the shares will vest on March 15, 2023; and 6.25% of the shares will vest quarterly thereafter until fully vested.

Content

On February 14, 2022, the Reporting Person was granted performance-based restricted stock units covering 25,786 shares of the Issuer's common stock at the target performance level, zero to 200% of which would become eligible to vest based on the achievement of performance goals. On March 6, 2023, the performance criteria were met, resulting in 21,364 shares becoming eligible to vest according to the following schedule, subject to the Reporting Person's continued service with the Issuer: 31.25% of the shares will vest on March 15, 2023; and 6.25% of the shares will vest quarterly thereafter until fully vested.