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Yext, Inc. — Director's Dealing 2018
Mar 22, 2018
32156_dirs_2018-03-22_7491d4d3-e80a-4e4a-809a-12acc0fa89ec.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Yext, Inc. (YEXT)
CIK: 0001614178
Period of Report: 2018-03-20
Reporting Person: Dixon Tom Christopher (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-20 | Common Stock | M | 12500 | $1.83 | Acquired | 42500 | Direct |
| 2018-03-20 | Common Stock | S | 12500 | $11.9309 | Disposed | 30000 | Direct |
| 2018-03-20 | Common Stock | M | 15625 | — | Acquired | 45625 | Direct |
| 2018-03-21 | Common Stock | S | 7861 | $11.78 | Disposed | 37764 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-20 | Employee Stock Option (Right to Buy) | $1.83 | M | 12500 | Disposed | 2020-03-02 | Common Stock (12500.0) | Direct |
| 2018-03-20 | Restricted Stock Unit | $ | M | 15625 | Disposed | Common Stock (15625.0) | Direct |
Footnotes
F1: This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person.
F2: Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.8900 to $12.0000, 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.
F3: Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
F4: This transaction was effected pursuant to a non-discretionary, sell-to-cover arrangement mandated by the Issuer to fund tax withholding obligations in connection with the vesting of restricted stock units. This transaction was effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting Person, separate from the plan referenced in footnote 1.
F5: Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.7100 to $11.9100, 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.
F6: Shares are immediately excerciseable.
F7: 15,625 shares subject to award vest quarterly 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