SEC Form 4 · accession 0001209191-19-012734
YELP INC · YELP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan Ramsay
Officer — Chief Accounting Officer
Period of report
Feb 20, 2019
Accepted (ET)
Feb 22, 2019 · 5:45 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 StockF1 | Feb 20, 2019 | F | 1,204 | $38.75 | D | 33,750 | D | |
| Common Stock | Feb 21, 2019 | M | 11,250 | $19.96 | A | 45,000 | D | |
| Common Stock | Feb 21, 2019 | M | 4,484 | $27.60 | A | 49,484 | D | |
| Common StockF2 | Feb 21, 2019 | S | 19,774 | $38.2736 | D | 29,710 | 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)F3 | $19.96 | Feb 21, 2019 | M | 11,250 | D | — | Jul 31, 2022 | Common Stock | 11,250 | 0 | D |
| Stock Option (Right to Buy)F4 | $27.60 | Feb 21, 2019 | M | 4,484 | D | — | Jan 4, 2026 | Common Stock | 4,484 | 1,410 | 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.
- 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 $38.25 to $38.31, 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.
- F4The shares underlying the stock option vest in equal monthly installments over 48 months following the grant date of 1/4/16.