SEC Form 4 · accession 0001104659-17-025195
Yext, Inc. · YEXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Walrath
Director
Period of report
Apr 19, 2017
Accepted (ET)
Apr 21, 2017 · 4:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001614178
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4 | Apr 19, 2017 | C | 2,325,807 | — | A | 3,474,673 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C Preferred StockF4,F1 | — | Apr 19, 2017 | C | 607,165 | D | — | — | Common Stock | 607,165 | 0 | I |
| Series D Preferred StockF4,F2 | — | Apr 19, 2017 | C | 1,582,714 | D | — | — | Common Stock | 1,582,714 | 0 | I |
| Series E Preferred StockF4,F3 | — | Apr 19, 2017 | C | 135,928 | D | — | — | Common Stock | 135,928 | 0 | I |
Explanation of responses
- F1Immediately prior to the closing of the Issuer's initial public offering of its Common Stock, each share of Series C Preferred Stock automatically converted into one share of Common Stock. The Series C Preferred Stock had no expiration date.
- F2Immediately prior to the closing of the Issuer's initial public offering of its Common Stock, each share of Series D Preferred Stock automatically converted into one share of Common Stock. The Series D Preferred Stock had no expiration date.
- F3Immediately prior to the closing of the Issuer's initial public offering of its Common Stock, each share of Series E Preferred Stock automatically converted into one share of Common Stock. The Series E Preferred Stock had no expiration date.
- F4Shares are held by WGI Group, LLC. Mr. Walrath has sole voting and dispositive control over such shares held by WGI Group, LLC.