Howard Lerman - 20 Mar 2022 Form 4 Insider Report for Yext, Inc. (YEXT)

Signature
/s/ Ho Shin, Attorney-in-Fact
Issuer symbol
YEXT
Transactions as of
20 Mar 2022
Transactions value $
-$105,720
Form type
4
Filing time
22 Mar 2022, 17:16:16 UTC
Previous filing
21 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YEXT Common Stock Options Exercise +26,250 +0.82% 3,238,151 20 Mar 2022 Direct F1
transaction YEXT Common Stock Options Exercise +12,500 +0.39% 3,250,651 20 Mar 2022 Direct F1
transaction YEXT Common Stock Options Exercise +12,500 +0.38% 3,263,151 20 Mar 2022 Direct F1
transaction YEXT Common Stock Options Exercise +9,375 +0.29% 3,272,526 20 Mar 2022 Direct F1
transaction YEXT Common Stock Sale -$105,719 -16,069 -0.49% $6.58 3,256,457 21 Mar 2022 Direct F2, F3
holding YEXT Common Stock 469,482 20 Mar 2022 See footnote F4

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 -26,250 -7.14% $0 341,250 20 Mar 2022 Common Stock 26,250 Direct F1, F5
transaction YEXT Restricted Stock Unit Options Exercise $0 -12,500 -9.09% $0 125,000 20 Mar 2022 Common Stock 12,500 Direct F1, F6
transaction YEXT Restricted Stock Unit Options Exercise $0 -12,500 -16.67% $0 62,500 20 Mar 2022 Common Stock 12,500 Direct F1, F7
transaction YEXT Restricted Stock Unit Options Exercise $0 -9,375 -50% $0 9,375 20 Mar 2022 Common Stock 9,375 Direct F1, F8
* 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 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 $$6.49 to $$6.78, 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 These shares are held by a trust of which the Reporting Person's spouse is the trustee and beneficiary.
F5 One-sixteenth 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 executive's continued service on each such date, until the award is fully vested on June 20, 2025.
F6 One-sixteenth of shares subject to award vested 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.
F7 One-sixteenth of shares subject to award vested 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.
F8 One-sixteenth of shares subject to award vested 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.