SEC Form 4 · accession 0001614178-18-000432
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
Nov 6, 2018
Accepted (ET)
Nov 8, 2018 · 5:00 pm EST
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 | Nov 6, 2018 | M | 1,254 | $2.27 | A | 214,018 | D | |
| Common Stock | Nov 6, 2018 | M | 3,746 | $6.11 | A | 217,764 | D | |
| Common StockF2 | Nov 6, 2018 | S | 5,000 | $18.7917 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $2.27 | Nov 6, 2018 | M | 1,254 | D | — | May 31, 2023 | Common Stock | 1,254 | 140,687 | D |
| Employee Stock Option (Right to Buy)F4 | $6.11 | Nov 6, 2018 | M | 3,746 | D | — | Apr 28, 2026 | Common Stock | 3,746 | 196,254 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by Reporting Person.
- F2Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.5800 to $19.2900, 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 May 31, 2014 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.
- F4Twenty-five percent (25%) of shares subject to the option shall vest on April 22, 2017 and 1/36th of the remaining shares subject to the option shall vest in equal monthly installments on each monthly anniversary thereafter.