Amended Statement of Beneficial Ownership (3/a)
May 24 2021 - 7:42PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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Patterson Carolyn |
2. Date of Event Requiring Statement (MM/DD/YYYY)
3/12/2021
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3. Issuer Name and Ticker or Trading Symbol
YELP INC [YELP]
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(Last)
(First)
(Middle)
C/O YELP INC., 140 NEW MONTGOMERY ST., 9TH FLOOR |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) Chief People Officer / |
(Street)
SAN FRANCISCO, CA 94105
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY) 3/12/2021
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 72536 (1) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Employee Stock Option (Right to Buy) | (2) | 1/30/2023 | Common Stock | 9306.0 | $20.46 | D | |
Employee Stock Option (Right to Buy) | (2) | 1/2/2025 | Common Stock | 2950.0 | $55.15 | D | |
Employee Stock Option (Right to Buy) | (2) | 1/4/2026 | Common Stock | 8200.0 | $27.6 | D | |
Employee Stock Option (Right to Buy) | (3) | 1/16/2028 | Common Stock | 9850.0 | $43.58 | D | |
Employee Stock Option (Right to Buy) | (4) | 1/8/2029 | Common Stock | 12800.0 | $35.51 | D | |
Explanation of Responses: |
(1) | Includes an aggregate of 72,536 unvested restricted stock units, which vest as follows: a) 2,382 shares that vest in equal quarterly installments over four years following the grant date of January 16, 2018; b) 7,956 shares that vest in equal quarterly installments over four years following the grant date of January 8, 2019; c) 12,834 shares that vest in equal quarterly installments over four years following the grant date of January 15, 2020; d) 7,806 shares, 37.5% of which vest on May 20, 2021 and 6.25% of which vest each quarter thereafter until fully vested; and e) 28,788 shares that vest in equal quarterly installments over four years following the grant date of February 5, 2021. |
(2) | Fully vested. |
(3) | The shares underlying the stock option vest in equal monthly installments over 48 months following the grant date of January 16, 2018. |
(4) | The shares underlying the stock option vest in equal monthly installments over 48 months following the grant date of January 8, 2019. |
Remarks: The Form 3 originally filed on March 12, 2021 reflected the incorrect number of non-derivative securities beneficially owned by the reporting person. As reflected in this amendment, the correct number of non-derivative securities was 72,536 shares. This amendment is intended to replace, in its entirety, the Form 3 filed on March 12, 2021. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Patterson Carolyn C/O YELP INC. 140 NEW MONTGOMERY ST., 9TH FLOOR SAN FRANCISCO, CA 94105 |
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| Chief People Officer |
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Signatures
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/s/ Elizabeth Prosser, Attorney-in-Fact | | 5/24/2021 |
**Signature of Reporting Person | Date |
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