Darryl Bond - 20 Sep 2023 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: 20 Sep 2023
Transactions value $: -$174,799
Form type: 4
Filing time: 21 Sep 2023, 17:11:43 UTC
Previous filing: 21 Jun 2023
Next filing: 21 Dec 2023
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		+3,750	+1.8%		214,368	20 Sep 2023	Direct	F1, F2
transaction	YEXT	Common Stock	Options Exercise		+3,125	+1.5%		217,493	20 Sep 2023	Direct	F1
transaction	YEXT	Common Stock	Options Exercise		+7,500	+3.4%		224,993	20 Sep 2023	Direct	F1
transaction	YEXT	Common Stock	Options Exercise		+37,500	+17%		262,493	20 Sep 2023	Direct	F1
transaction	YEXT	Common Stock	Options Exercise		+3,437	+1.3%		265,930	20 Sep 2023	Direct	F1
transaction	YEXT	Common Stock	Tax liability	-$174,799	-28,239	-11%	$6.19	237,691	20 Sep 2023	Direct	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	-3,750	-20%	$0	15,000	20 Sep 2023	Common Stock	3,750		Direct	F1, F4
transaction	YEXT	Restricted Stock Unit	Options Exercise	$0	-3,125	-12%	$0	21,875	20 Sep 2023	Common Stock	3,125		Direct	F1, F5
transaction	YEXT	Restricted Stock Unit	Options Exercise	$0	-7,500	-20%	$0	30,000	20 Sep 2023	Common Stock	7,500		Direct	F1, F6
transaction	YEXT	Restricted Stock Unit	Options Exercise	$0	-37,500	-9.1%	$0	375,000	20 Sep 2023	Common Stock	37,500		Direct	F1, F7
transaction	YEXT	Restricted Stock Unit	Options Exercise	$0	-3,437	-6.2%	$0	51,563	20 Sep 2023	Common Stock	3,437		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	Reflects vesting of 1,094 restricted stock units on June 20, 2023 as previously reported on Form 4 filed on June 21, 2023. The prior total amount reported in the June 21, 2023 filing incorrectly omitted the inclusion of this line item in the summation notwithstanding the inclusion of the detail in the filing.
F3	Shares withheld to satisfy tax liability upon vesting of restricted stock units on September 20, 2023.
F4	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.
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	Shares subject to award vest on December 20, 2021 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, 2025. Forty percent of total shares subject to award vest in equal quarterly increments over the first four vesting dates, 30 percent of total shares subject to award vest in equal quarterly increments over the following four vesting dates, 20 percent of total shares subject to award vest in equal quarterly increments over the following four vesting dates, and 10 percent of total shares subject to award vest in equal quarterly increments over the final four vesting dates.
F7	One-sixteenth of shares subject to award vested on June 20, 2022 and then quarterly thereafter on each of September 20, December 20 and March 20 of each year, subject to the reporting person's continued service on each such date.
F8	One-sixteenth of shares subject to award will vest on September 20, 2023 and quarterly thereafter on each December 20, March 20, June 20 and September 20, subject to the reporting person's continued service on each such date, until the award is fully vested on June 20, 2027.