SEC Form 4 · accession 0001614178-18-000240
Yext, Inc. · YEXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillip M Fernandez
Director
Period of report
Jun 12, 2018
Accepted (ET)
Jun 14, 2018 · 5:05 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 Stock | Jun 13, 2018 | M | 2,000 | $7.18 | A | 2,000 | D | |
| Common Stock | Jun 13, 2018 | S | 2,000 | $18.66 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Jun 12, 2018 | A | 10,989 | A | — | — | Common Stock | 10,989 | 10,989 | D |
| Stock Option (Right to Buy)F4 | $7.18 | Jun 13, 2018 | M | 2,000 | D | — | Dec 7, 2026 | Common Stock | 2,000 | 194,000 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by Reporting Person.
- F2Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
- F3100% of the shares subject to award shall vest on June 20, 2019, subject to the holder's continued service to the Company on such date.
- F41/36th of the shares subject to the option vested on October 20, 2016 and the remaining shares subject to the option vest in equal monthly installments thereafter on the monthly anniversary of the vesting commencement date.