Form 4 for YEXT Yext, Inc.
Accepted 2024-09-30 00:00:00 ET · period of report 2024-09-30 · accession 0001614178-24-000114 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-09-30 | 2024-09-30 | YEXT | Skorpen Evan | Dir | M - OptEx | — | +20.8K | 105.1K | +25% | — |
| D | 2024-09-30 | 2024-09-30 | YEXT | Skorpen Evan | Dir | M - OptEx | $0.00 | -20.8K | 20.8K | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-09-30 | M | A | 20,790 | — | 105,113 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock. (F2) Includes 7,335 shares of restricted stock, which vest on March 20, 2025, and 31,250 shares of restricted stock, which vest on June 12, 2025, in each case subject to Reporting Person's continued service to Issuer on such respective date. (F3) The restricted stock and restricted stock unit award 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. |
| 2 | Derivative | Restricted Stock Unit | 2024-09-30 | M | D | 20,790 | $0.00 | 20,790 | D | — · — to — | 20,790 Common Stock | (F3) The restricted stock and restricted stock unit award 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. (F1) Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock. (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 Company on such date until the award is fully vested on September 30, 2025. |