SEC Form 4 · accession 0001209191-16-145124

YELP INC · YELP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Operating Officer

Period of report

Oct 3, 2016

Accepted (ET)

Oct 5, 2016 · 6:30 pm EDT

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
Common Stock	Oct 3, 2016	M	25,864	$21.18	A	142,887	D
Common Stock^F2	Oct 3, 2016	S	25,864	$41.3645	D	117,023	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (Right to Buy)^F3	$21.18	Oct 3, 2016	M	25,864	D	—	Feb 5, 2023	Common Stock	25,864	176,591	D

F1Shares were sold pursuant to a duly adopted 10b5-1 trading plan.
F2The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $40.98 to $41.77, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.
F3The shares underlying the stock option vest in monthly installments over four years from the Grant Date of February 5, 2013, as follows: (a) 10% of the shares vest ratably on a monthly basis over the 12 month period following the Grant Date; then (b) 20% of the shares vest ratably on a monthly basis over the following 12 month period; then (c) 30% of the shares vest ratably on a monthly basis over the following 12 month period; and then (d) 40% of the shares vest ratably on a monthly basis over the following 12 month period.