SEC Form 4 · accession 0001104659-17-039018
Yext, Inc. · YEXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard Lerman
Officer — Chief Executive Officer · Director
Period of report
Jun 12, 2017
Accepted (ET)
Jun 13, 2017 · 7:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001614178
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Jun 12, 2017 | A | 225,000 | A | — | — | Common Stock | 225,000 | 225,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
- F2One-seventh of shares subject to award vests on June 20, 2019 and then quarterly thereafter on each of September 20, December 20, March 20 and June 20 thereafter, in each case subject to the executive's continued service on each such date, until the award is fully vested on December 20, 2020.