SEC Form 4 · accession 0001614178-18-000390
Yext, Inc. · YEXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tom Christopher Dixon
Officer — Chief Technology Officer
Period of report
Sep 20, 2018
Accepted (ET)
Sep 24, 2018 · 5:13 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 | Sep 20, 2018 | M | 7,273 | — | A | 220,037 | D | |
| Common StockF1 | Sep 20, 2018 | M | 15,625 | — | A | 235,662 | D | |
| Common StockF3 | Sep 21, 2018 | S | 22,898 | $24.8269 | D | 212,764 | 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 UnitF1,F4 | — | Sep 20, 2018 | M | 7,273 | D | — | — | Common Stock | 7,273 | 65,455 | D |
| Restricted Stock UnitF1,F5 | — | Sep 20, 2018 | M | 15,625 | D | — | — | Common Stock | 15,625 | 203,125 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
- F2This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person.
- F3Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $24.6400 to $25.3100, 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.
- F4One-tenth of shares subject to award vests on June 20, 2018 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.
- F515,625 shares subject to award vest on March 20, 2018 and then quarterly thereafter on each June 20, September 20, December 20 and March 20, in each case subject to the executive's continued service on each such date, until the award is fully vested on December 20, 2021.