Statement of Changes in Beneficial Ownership (4)
February 03 2021 - 05:39PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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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 *
Walrath Michael |
2. Issuer Name and Ticker or Trading
Symbol Yext, Inc. [ YEXT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)__X__
Director _____
10% Owner
_____ Officer (give title
below) _____ Other
(specify below)
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(Last)
(First)
(Middle)
61 NINTH AVENUE |
3. Date of Earliest Transaction (MM/DD/YYYY)
2/1/2021
|
(Street)
NEW YORK, NY 10011
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
2/1/2021 |
|
M(1) |
|
244500 |
A |
$12.37 |
1435586 |
D |
|
Common Stock |
2/1/2021 |
|
S(1) |
|
177579 |
D |
$17.0621 (2) |
1258007 |
D |
|
Common Stock |
2/2/2021 |
|
M(1) |
|
58879 |
A |
$12.37 |
1316886 |
D |
|
Common Stock |
2/2/2021 |
|
S(1) |
|
57418 |
D |
$17.4456 (3) |
1259468 |
D |
|
Common Stock |
|
|
|
|
|
|
|
11600 |
D (4) |
|
Common Stock |
|
|
|
|
|
|
|
4088 |
D (5) |
|
Common Stock |
|
|
|
|
|
|
|
2034769 |
I |
See Footnote (6) |
Common Stock |
|
|
|
|
|
|
|
32485 |
I |
See footnote (7) |
Common Stock |
|
|
|
|
|
|
|
16265 |
I |
See footnote (8) |
Common Stock |
|
|
|
|
|
|
|
16237 |
I |
See footnote (9) |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (Right to Buy) |
$12.37 |
2/1/2021 |
|
M (1) |
|
|
244500 |
(10) |
3/3/2021 |
Common Stock |
244500.0 |
$0 |
58879 |
D |
|
Stock Option (Right to Buy) |
$12.37 |
2/2/2021 |
|
M (1) |
|
|
58879 |
(10) |
3/3/2021 |
Common Stock |
58879.0 |
$0 |
0 |
D |
|
Explanation of
Responses: |
(1) |
This transaction was
effected pursuant to a Rule 10b5-1 Plan adopted by the Reporting
Person. |
(2) |
Reflects a weighted average
sale price. These shares were sold in multiple transactions at
prices ranging from $16.6800 to $17.2600, 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. |
(3) |
Reflects a weighted average
sale price. These shares were sold in multiple transactions at
prices ranging from $17.2500 to $17.6200, 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. |
(4) |
100% of the shares subject
to award shall vest on June 9, 2021, subject to the Reporting
Person's continued service to the Company on such date. |
(5) |
100% of the shares subject
to award shall vest on March 20, 2021, subject to the Reporting
Person's continued service to the Company on such date. |
(6) |
Securities held by a limited
liability company over which the Reporting Person has sole voting
and dispositive control. |
(7) |
Securities are held by a
trust the beneficiaries of which are the Reporting Person's
children. |
(8) |
Securities are held by a
trust of which the Reporting Person's spouse is the trustee and the
beneficiaries of which are certain family members of the Reporting
Person. |
(9) |
Securities are held by a
trust, separate from the trust referenced in footnote 8, of which
the Reporting Person's spouse is the trustee and the beneficiaries
of which are certain family members of the Reporting
Person. |
(10) |
Shares are immediately
exercisable. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Walrath Michael
61 NINTH AVENUE
NEW YORK, NY 10011 |
X |
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Signatures
|
/s/ Ho Shin, Attorney-in-Fact |
|
2/3/2021 |
**Signature of
Reporting Person |
Date |