SEC Form 4 · accession 0001209191-16-107985
YELP INC · YELP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R Nachman
Officer — Chief Revenue Officer
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 7:33 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 | Mar 9, 2016 | A | 73,356 | $0.00 | A | 120,941 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $20.47 | Mar 9, 2016 | A | 53,300 | A | — | Mar 9, 2026 | Class A Common Stock | 53,300 | 53,300 | D |
Explanation of responses
- F1Represents the grant of restricted stock units that vest in equal quarterly installments over four years from the date of grant.
- F2The shares underlying the stock option vest in equal monthly installments over 48 months following the grant date.