SEC Form 4 · accession 0001209191-16-149795
YELP INC · YELP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R Nachman
Officer — Chief Operating Officer
Period of report
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 5:40 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 10, 2016 | M | 5,000 | $7.16 | A | 122,023 | D | |
| Common StockF2 | Nov 10, 2016 | S | 5,000 | $38.4543 | D | 117,023 | 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)F3 | $7.16 | Nov 10, 2016 | M | 5,000 | D | — | Jan 5, 2021 | Common Stock | 5,000 | 16,555 | D |
Explanation of responses
- 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 $38.19 to $38.76, 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.
- F3Fully vested.