SEC Form 4 · accession 0001614178-18-000279
Yext, Inc. · YEXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Cakebread
Officer — Chief Financial Officer
Period of report
Jul 5, 2018
Accepted (ET)
Jul 6, 2018 · 4:52 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 | Jul 5, 2018 | M | 20,000 | $3.06 | A | 20,000 | D | |
| Common StockF2 | Jul 5, 2018 | S | 20,000 | $19.2618 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $3.06 | Jul 5, 2018 | M | 20,000 | D | — | Oct 1, 2024 | Common Stock | 20,000 | 600,000 | D |
Explanation of responses
- F1This transaction was effected pursuant to Rule 10b5-1 Plans adopted by Reporting Person.
- F2Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.0500 to $19.4800, inclusive. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of common shares sold at each separate price.
- F3Twenty-five percent (25%) of shares subject to the option vested on October 1, 2015 and 1/36th of the remaining shares subject to the option vest in equal monthly installments on the last day of each full calendar month thereafter.