SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP


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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bond Darryl

(Last) (First) (Middle)
C/O YEXT, INC.
61 NINTH AVENUE

(Street)
NEW YORK NY 10011

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Yext, Inc. [ YEXT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/20/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 03/20/2024 M 3,750 A (1) 267,290 D
Common Stock 03/20/2024 M 3,125 A (1) 270,415 D
Common Stock 03/20/2024 M 5,000 A (1) 275,415 D
Common Stock 03/20/2024 M 37,500 A (1) 312,915 D
Common Stock 03/20/2024 M 3,437 A (1) 316,352 D
Common Stock 03/20/2024 F(2) 19,041 D $5.88 297,311 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
Restricted Stock Unit (1) 03/20/2024 A 150,000 (3) (3) Common Stock 150,000 $0 150,000 D
Restricted Stock Unit (1) 03/20/2024 M 3,750 (4) (4) Common Stock 3,750 $0 7,500 D
Restricted Stock Unit (1) 03/20/2024 M 3,125 (5) (5) Common Stock 3,125 $0 15,625 D
Restricted Stock Unit (1) 03/20/2024 M 5,000 (6) (6) Common Stock 5,000 $0 20,000 D
Restricted Stock Unit (1) 03/20/2024 M 37,500 (7) (7) Common Stock 37,500 $0 300,000 D
Restricted Stock Unit (1) 03/20/2024 M 3,437 (8) (8) Common Stock 3,437 $0 44,688 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
2. Shares withheld to satisfy tax liability upon vesting of restricted stock units on March 20, 2024.
3. 100% of the shares subject to award shall vest on June 20, 2025, subject to Reporting Person's continued service to Issuer on such date.
4. One-sixteenth of shares subject to award vested on December 20, 2020 and then quarterly thereafter on each of March 20, June 20, September 20 and December 20, in each case subject to the executive's continued service on each such date, until the award is fully vested on September 20, 2024.
5. One-sixteenth of shares subject to award vested on September 20, 2021 and then quarterly thereafter on each of December 20, March 20, June 20 and September 20 and in each case subject to the executive's continued service on each such date, until the award is fully vested on June 20, 2025.
6. Shares subject to award vest on December 20, 2021 and then quarterly thereafter on each of March 20, June 20, September 20 and December 20 in each case subject to the executive's continued service on each such date, until the award is fully vested on September 20, 2025. Forty percent of total shares subject to award vest in equal quarterly increments over the first four vesting dates, 30 percent of total shares subject to award vest in equal quarterly increments over the following four vesting dates, 20 percent of total shares subject to award vest in equal quarterly increments over the following four vesting dates, and 10 percent of total shares subject to award vest in equal quarterly increments over the final four vesting dates.
7. One-sixteenth of shares subject to award vested on June 20, 2022 and then quarterly thereafter on each of September 20, December 20 and March 20 of each year, subject to the reporting person's continued service on each such date.
8. One-sixteenth of shares subject to award will vest on September 20, 2023 and 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 the award is fully vested on June 20, 2027.
Remarks:
/s/ Ho Shin, Attorney-in-Fact 03/22/2024
** 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 4 (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).

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