Brian Distelburger - 12 Jun 2024 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
13 Jun 2024, 21:02:53 UTC
Prior SEC filing
22 Mar 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Ho Shin, Attorney-in-Fact

Key filing fact

Brian Distelburger filed Form 4 for Yext, Inc. (YEXT) on 13 Jun 2024.

Key facts

  • This page summarizes Brian Distelburger's Form 4 filing for Yext, Inc. (YEXT).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 13 Jun 2024, 21:02.

Change

  • Previous filing in this sequence was filed on 22 Mar 2024.
  • Current net transaction value: -$65,838.

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
+18,750
Change %
+0.6%
Price
Shares after
3,148,814
Date
12 Jun 2024
Ownership
Direct
Footnotes
F1
YEXT transaction

Common Stock

Options Exercise

Transaction value
Shares
+31,250
Change %
+0.99%
Price
Shares after
3,180,064
Date
12 Jun 2024
Ownership
Direct
Footnotes
F1
YEXT transaction

Common Stock

Tax liability

Transaction value
$65,838
Shares
-13,089
Change %
-0.41%
Price
$5.03
Shares after
3,166,975
Date
12 Jun 2024
Ownership
Direct
Footnotes
F2

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
-18,750
Change %
-100%
Price
$0.000000*
Shares after
0
Date
12 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
18,750
Exercise price
Footnotes
F1, F3
YEXT transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-31,250
Change %
-100%
Price
$0.000000*
Shares after
0
Date
12 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
31,250
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Brian Distelburger is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

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

Footnote F2

Shares withheld to satisfy tax liability upon vesting of restricted stock units on June 12, 2024.

Footnote F3

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 Reporting Person's continued service on each such date, until the award was to fully vest on September 20, 2024. Mr. Distelburger's term as a director of the Company had expired at the 2024 Annual Stockholder Meeting, and he did not stand for re-election. The Company has accelerated the vesting of his unvested RSUs as of immediately prior to the expiration of his term on June 12, 2024.

Footnote 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, in each case subject to the Reporting Person's continued service on each such date, until the award was to fully vest on June 20, 2025. Mr. Distelburger's term as a director of the Company had expired at the 2024 Annual Stockholder Meeting, and he did not stand for re-election. The Company has accelerated the vesting of his unvested RSUs as of immediately prior to the expiration of his term on June 12, 2024.

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