Ferrentino Marc 4
4 · Yext, Inc. · Filed Jun 1, 2023
Insider Transaction Report
Form 4
Yext, Inc.YEXT
Ferrentino Marc
Chief Strategy Officer
Transactions
- Award
Performance-Based Restricted Stock Unit
2023-05-31+35,000→ 35,000 total→ Common Stock (35,000 underlying)
Footnotes (2)
- [F1]Each performance-based restricted stock unit, or PSU, represents a contingent right to receive one share of the Company's common stock.
- [F2]The shares subject to the PSUs will be eligible to vest following the award's grant date based on the Company's average stock price trading at each of the following milestones: $15 and $17 per share. Once a price threshold is achieved, the portion of the award related to that threshold will vest as to 50% on September 20, 2023, as to 25% on December 20, 2023 and as to 25% on March 20, 2024, subject to the reporting person's continued service on such date.