SEC Form 4 · accession 0001209191-18-032681
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
May 21, 2018
Accepted (ET)
May 23, 2018 · 5:40 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 StockF1 | May 21, 2018 | F | 5,994 | $46.45 | D | 121,861 | D | |
| Common Stock | May 21, 2018 | M | 10,500 | $21.18 | A | 132,361 | D | |
| Common StockF3 | May 21, 2018 | S | 10,500 | $46.9822 | D | 121,861 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $21.18 | May 21, 2018 | M | 10,500 | D | — | Feb 5, 2023 | Common Stock | 10,500 | 102,303 | D |
Explanation of responses
- F1Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of certain RSUs, previously reported in Table I following the date of grant.
- F2Shares were sold pursuant to a duly adopted 10b5-1 trading plan.
- F3The 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 $46.61 to $47.38, 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.
- F4Fully vested.