Patel Vivek 4
4 · YELP INC · Filed May 26, 2020
Insider Transaction Report
Form 4
YELP INCYELP
Patel Vivek
Chief Product Officer
Transactions
- Sale
Common Stock
2020-05-21$20.81/sh−3,772$78,495→ 131,244 total - Sale
Common Stock
2020-05-22$21.04/sh−137$2,882→ 131,107 total
Footnotes (2)
- [F1]Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of certain RSUs, previously reported in Table I following the date of grant. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- [F2]The sales price reported is the weighted average sale price for the number of shares sold. These shares were sold in multiple transactions at prices ranging from $20.74 to $20.81, inclusive. Full information regarding the number of shares sold at each separate price will be supplied upon request by Securities and Exchange Commission Staff, the Issuer or a security holder of the Issuer.