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