STEVEN CAKEBREAD - 08 Mar 2022 Form 4 Insider Report for Yext, Inc. (YEXT)

Role
Chief Financial Officer
Signature
/s/ Ho Shin, Attorney-in-Fact
Issuer symbol
YEXT
Transactions as of
08 Mar 2022
Net transactions value
-$163,560
Form type
4
Filing time
09 Mar 2022, 20:15:37 UTC
Previous filing
21 Dec 2021
Next filing
11 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YEXT Common Stock Options Exercise +100,000 +150% 166,549 08 Mar 2022 Direct F1
transaction YEXT Common Stock Sale $163,560 -31,127 -19% $5.25 135,422 09 Mar 2022 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction YEXT Restricted Stock Unit Options Exercise $0 -100,000 -40% $0.000000 150,000 08 Mar 2022 Common Stock 100,000 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Yext, Inc.'s common stock.
F2 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.
F3 Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.15 to $5.41, 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.
F4 One-twelfth 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 and in each case subject to the reporting person's continued service on each such date, until the award is fully vested on June 20, 2024. In connection with the reporting person's resignation as Chief Financial Officer, the vesting of 100,000 restricted stock units was accelerated on March 8, 2022.