SEC Form 4 · accession 0001614178-19-000032
Yext, Inc. · YEXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jim Steele
Officer — President & CRO
Period of report
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 5:29 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 | Feb 8, 2019 | M | 10,000 | $7.18 | A | 42,069 | D | |
| Common StockF2 | Feb 8, 2019 | S | 10,000 | $17.6066 | D | 32,069 | 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 | $7.18 | Feb 8, 2019 | M | 10,000 | D | — | Dec 7, 2026 | Common Stock | 10,000 | 190,000 | 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 $17.3000 to $17.7100, 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.
- F31/36th of the shares subject to the option vested on December 7, 2016 and the remaining shares subject to the option vest in equal monthly installments thereafter on the monthly anniversary of the vesting commencement date.