SEC Form 4 · accession 0001614178-18-000081
Yext, Inc. · YEXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Walrath
Director
Period of report
Mar 12, 2018
Accepted (ET)
Mar 14, 2018 · 5:07 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 | Mar 12, 2018 | J | 1,439,904 | $0.00 | D | 2,034,769 | I | See Footnote |
| Common StockF2 | holding | — | — | — | 12,690 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1WGI Group, LLC ("WGI") effected a distribution of 3,474,673 shares of common stock of Yext, Inc. to its members for no additional consideration in accordance with the terms of WGI's limited liability company agreement, of which 2,034,769 shares were distributed to a limited liability company over which the Reporting Person has sole voting and dispositive control.
- F2Restricted stock units representing a contingent right to receive one share of Yext, Inc.'s common stock. 100% of the shares subject to award shall vest on June 20, 2018, subject to the Reporting Person's continued service to the Company on such date.