0001614178-21-000138.txt : 20210622 0001614178-21-000138.hdr.sgml : 20210622 20210622173048 ACCESSION NUMBER: 0001614178-21-000138 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210620 FILED AS OF DATE: 20210622 DATE AS OF CHANGE: 20210622 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lerman Howard CENTRAL INDEX KEY: 0001701667 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38056 FILM NUMBER: 211036418 MAIL ADDRESS: STREET 1: ONE MADISON AVENUE STREET 2: FIFTH FLOOR CITY: NEW YORK STATE: NY ZIP: 10010 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Yext, Inc. CENTRAL INDEX KEY: 0001614178 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 208059722 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 61 NINTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: 1-888-444-2988 MAIL ADDRESS: STREET 1: 61 NINTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10011 4 1 wf-form4_162439742459932.xml FORM 4 X0306 4 2021-06-20 0 0001614178 Yext, Inc. YEXT 0001701667 Lerman Howard 61 NINTH AVENUE NEW YORK NY 10011 1 1 0 0 Chief Executive Officer Common Stock 2021-06-20 4 M 0 12500 A 3142838 D Common Stock 2021-06-20 4 M 0 12500 A 3155338 D Common Stock 2021-06-20 4 M 0 9375 A 3164713 D Common Stock 2021-06-21 4 S 0 9236 13.7907 D 3155477 D Common Stock 469482 I See footnote Restricted Stock Unit 2021-06-20 4 M 0 12500 0 D Common Stock 12500.0 162500 D Restricted Stock Unit 2021-06-20 4 M 0 12500 0 D Common Stock 12500.0 100000 D Restricted Stock Unit 2021-06-20 4 M 0 9375 0 D Common Stock 9375.0 37500 D Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock. Reflects the transfer of 235,653 shares to the Reporting Person and 469,482 shares to the trust referred to in footnote 5 from a trust of which the Reporting Person was the trustee and sole beneficiary. Such transfers were exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934. 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. Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $13.7300 to $13.9300, 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 These shares are held by a trust of which the Reporting Person's spouse is the trustee and beneficiary. One-sixteenth of shares subject to award vests 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. One-sixteenth of shares subject to award vests 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. One-sixteenth of shares subject to award vests 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. /s/ Ho Shin, Attorney-in-Fact 2021-06-22