Howard Lerman - 20 Mar 2022 Form 4 Insider Report for Yext, Inc. (YEXT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
22 Mar 2022, 17:16:16 UTC
Prior SEC filing
21 Dec 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ho Shin, Attorney-in-Fact

Key filing fact

Howard Lerman filed Form 4 for Yext, Inc. (YEXT) on 22 Mar 2022.

Key facts

  • This page summarizes Howard Lerman's Form 4 filing for Yext, Inc. (YEXT).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 22 Mar 2022, 17:16.

Change

  • Previous filing in this sequence was filed on 21 Dec 2021.
  • Current net transaction value: -$105,720.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

YEXT transaction

Common Stock

Options Exercise

Transaction value
Shares
+26,250
Change %
+0.82%
Price
Shares after
3,238,151
Date
20 Mar 2022
Ownership
Direct
Footnotes
F1
YEXT transaction

Common Stock

Options Exercise

Transaction value
Shares
+12,500
Change %
+0.39%
Price
Shares after
3,250,651
Date
20 Mar 2022
Ownership
Direct
Footnotes
F1
YEXT transaction

Common Stock

Options Exercise

Transaction value
Shares
+12,500
Change %
+0.38%
Price
Shares after
3,263,151
Date
20 Mar 2022
Ownership
Direct
Footnotes
F1
YEXT transaction

Common Stock

Options Exercise

Transaction value
Shares
+9,375
Change %
+0.29%
Price
Shares after
3,272,526
Date
20 Mar 2022
Ownership
Direct
Footnotes
F1
YEXT transaction

Common Stock

Sale

Transaction value
$105,720
Shares
-16,069
Change %
-0.49%
Price
$6.58
Shares after
3,256,457
Date
21 Mar 2022
Ownership
Direct
Footnotes
F2, F3
YEXT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
469,482
Date
20 Mar 2022
Ownership
See footnote
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

YEXT transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-26,250
Change %
-7.1%
Price
$0.000000
Shares after
341,250
Date
20 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
26,250
Exercise price
Footnotes
F1, F5
YEXT transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-12,500
Change %
-9.1%
Price
$0.000000
Shares after
125,000
Date
20 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,500
Exercise price
Footnotes
F1, F6
YEXT transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-12,500
Change %
-17%
Price
$0.000000
Shares after
62,500
Date
20 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,500
Exercise price
Footnotes
F1, F7
YEXT transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-9,375
Change %
-50%
Price
$0.000000
Shares after
9,375
Date
20 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,375
Exercise price
Footnotes
F1, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.

Footnote 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.

Footnote F3

Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $$6.49 to $$6.78, 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

Footnote F4

These shares are held by a trust of which the Reporting Person's spouse is the trustee and beneficiary.

Footnote 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.

Footnote F6

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.

Footnote F7

One-sixteenth of shares subject to award vested 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.

Footnote F8

One-sixteenth of shares subject to award vested 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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .