FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 06/29/2022 |
3. Issuer Name and Ticker or Trading Symbol
Yext, Inc. [ YEXT ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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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 | 23,749 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: 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) | (1) | 03/15/2027 | Common Stock | 5,000 | 8.59 | D | |
Restricted Stock Unit | (2) | (2) | Common Stock | 1,500 | (3) | D | |
Restricted Stock Unit | (4) | (4) | Common Stock | 1,950 | (3) | D | |
Restricted Stock Unit | (5) | (5) | Common Stock | 9,975 | (3) | D | |
Restricted Stock Unit | (6) | (6) | Common Stock | 26,250 | (3) | D | |
Restricted Stock Unit | (7) | (7) | Common Stock | 70,313 | (3) | D |
Explanation of Responses: |
1. Options are immediately exercisable. |
2. One-fourth of these restricted stock units will vest on September 20, 2022 and then quarterly thereafter on each December 20, March 20 and June 20, subject to the Reporting Person's continued service on each such date, until such units are fully vested on June 20, 2023. |
3. Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock. |
4. One-eighth of these restricted stock units will vest on September 20, 2022 and then quarterly thereafter on each December 20, March 20, June 20 and September 20, subject to the Reporting Person's continued service on each such date, until such units are fully vested on June 20, 2024. |
5. 1,425 of these restricted stock units will vest on each of September 20, 2022, December 20, 2022 and March 20, 2023, 950 of these restricted stock units will vest on each of June 20, 2023, September 20, 2023, December 20, 2023 and March 20, 2024, and 475 of these restricted stock units will vest on each of June 20, 2024, September 20, 2024, December 20, 2024 and March 20, 2025, subject to the Reporting Person's continued service on each such date. |
6. 1,875 of these restricted stock units will vest on September 20, 2022 and then quarterly thereafter on each December 20, March 20 and June 20, and September 20, subject to the Reporting Person's continued service on each such date, until such units are fully vested on December 20, 2025. |
7. One-fifteenth of these restricted stock units will vest on September 20, 2022 and then quarterly thereafter on each December 20, March 20, June 20 and September 20, subject to the Reporting Person's continued service on each such date, until such units are fully vested on March 20, 2026. |
Remarks: |
Exhibit List: Exhibit 24 - Power of Attorney |
/s/ Ho Shin, Attorney-in-Fact | 07/11/2022 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |