SEC Form 4 · accession 0001209191-16-096453
YELP INC · YELP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Krolik
Officer — Chief Financial Officer
Period of report
Feb 4, 2016
Accepted (ET)
Feb 8, 2016 · 5:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001345016
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Feb 4, 2016 | A | 30,000 | $0.00 | A | 39,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the grant of restricted stock units that vest in quarterly installments, as follows: 25% of the shares vest on each of February 20, 2016, May 20, 2016, August 20, 2016 and November 20, 2016; provided that (a) the reporting person remains employed as of each vesting date that occurs prior to the Regular End Date (as defined in that certain transition agreement, dated February 4, 2016, by and between Yelp Inc. and the reporting person (the "Transition Agreement")) and (b) the reporting person's employment has not terminated pursuant to section 6 of the Transition Agreement as of each vesting date that occurs thereafter.