Form Type: 4

SEC EDGAR Link
Accession Number:0001614178-21-000260
Date:2021-12-20
Issuer: YEXT, INC. (YEXT)
Original Submission Date:

Reporting Person:

LERMAN HOWARD
61 NINTH AVENUE
NEW YORK, NY 10011

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-12-20 M 26,250 a $0.00 3,203,794 direct
COMMON STOCK 2021-12-20 M 12,500 a $0.00 3,216,294 direct
COMMON STOCK 2021-12-20 M 12,500 a $0.00 3,228,794 direct
COMMON STOCK 2021-12-20 M 9,375 a $0.00 3,238,169 direct
COMMON STOCK 2021-12-20 S 26,268 d $10.37 3,211,901 direct
COMMON STOCK 2021-12-20 0 $0.00 469,482 indirect f4
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNIT 0.0 2021-12-20 deemed execution date M 26,250 (d) common stock 26,250 $0.00 367,500 direct
RESTRICTED STOCK UNIT 0.0 2021-12-20 deemed execution date M 12,500 (d) common stock 12,500 $0.00 137,500 direct
RESTRICTED STOCK UNIT 0.0 2021-12-20 deemed execution date M 12,500 (d) common stock 12,500 $0.00 75,000 direct
RESTRICTED STOCK UNIT 0.0 2021-12-20 deemed execution date M 9,375 (d) common stock 9,375 $0.00 18,750 direct
Footnotes
IDfootnote
f1 each restricted stock unit represents a contingent right to receive one share of yext, inc.'s common stock.
f2 this transaction was effected pursuant to various non-discretionary, sell-to-cover arrangements mandated by the issuer to fund tax withholding obligations in connection with the vesting of restricted stock units.
f3 reflects a weighted average sale price. these shares were sold in multiple transactions at prices ranging from $10.2600 to $10.6000, 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
f4 these shares are held by a trust of which the reporting person's spouse is the trustee and beneficiary.
f5 one-sixteenth of shares subject to award vests 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.
f6 one-sixteenth of shares subject to award vests 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.
f7 one-sixteenth of shares subject to award vests on september 20, 2019 and then quarterly thereafter on each of december 20, march 20, june 20 and september 20, in each case subject to the executive's continued service on each such date, until the award is fully vested on june 20, 2023.
f8 one-sixteenth of shares subject to award vests on september 20, 2018 and then quarterly thereafter on each of december 20, march 20, june 20 and september 20, in each case subject to the executive's continued service on each such date, until the award is fully vested on june 20, 2022.

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