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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 5, 2020

YELP INC.
(Exact name of registrant as specified in its charter)

Delaware001-3544420-1854266
(State of incorporation)(Commission File No.)(IRS Employer Identification No.)
140 New Montgomery Street, 9th Floor
San Francisco, California 94105
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (415) 908-3801

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading Symbol(s)Name of Each Exchange on Which Registered
Common Stock, par value $0.000001 per shareYELPNew York Stock Exchange LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 2.02. Results of Operations and Financial Condition.
On August 6, 2020, Yelp Inc. (the “Company”) announced its financial results for the second quarter ended June 30, 2020 by issuing a Letter to Shareholders (the “Letter”) and a press release. Copies of the press release and the Letter are furnished as Exhibits 99.1 and 99.2 to this Current Report on Form 8-K, respectively.
The information in this Item 2.02 and the exhibits attached hereto are furnished to, but not “filed” with, the Securities and Exchange Commission (“SEC”) and shall not be deemed to be incorporated by reference into any of the Company’s filings with the SEC under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 5, 2020, the Compensation Committee of the Company’s Board of Directors (the “Board”) approved the return of certain of the Company’s named executive officers to their full base salaries for 2020, as set forth below, on a go-forward basis beginning August 9, 2020. The Board had previously reduced the base salaries of the Company’s executive officers in connection with the restructuring plan described in the Company’s Current Report on Form 8-K filed with the SEC on April 9, 2020.
Executive OfficerTitle
Annualized Equivalent Base Salary(1)
David SchwarzbachChief Financial Officer$450,000.00  
Jed NachmanChief Operating Officer$400,000.00  
Vivek PatelChief Product Officer$400,000.00  
Laurence WilsonChief Administrative Officer & General Counsel$400,000.00  
James MilnVice President, Financial Planning & Analysis and Head of Investor Relations$330,000.00  
(1) Each executive officer’s total base salary for 2020 will differ from the indicated annualized equivalent base salary as a result of the reduction in effect from April 19, 2020 through August 8, 2020.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number
Description
104Cover Page Interactive Data File (embedded within the Inline XBRL document).





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:August 6, 2020YELP INC.
By:/s/ David Schwarzbach
David Schwarzbach
Chief Financial Officer