Distelburger Brian 4
4 · Yext, Inc. · Filed Jun 13, 2024
Insider Transaction Report
Form 4
Yext, Inc.YEXT
Distelburger Brian
DirectorPresident
Transactions
- Exercise/Conversion
Common Stock
2024-06-12+18,750→ 3,148,814 total - Exercise/Conversion
Common Stock
2024-06-12+31,250→ 3,180,064 total - Tax Payment
Common Stock
2024-06-12$5.03/sh−13,089$65,838→ 3,166,975 total - Exercise/Conversion
Restricted Stock Unit
2024-06-12−18,750→ 0 total→ Common Stock (18,750 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-06-12−31,250→ 0 total→ Common Stock (31,250 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s common stock.
- [F2]Shares withheld to satisfy tax liability upon vesting of restricted stock units on June 12, 2024.
- [F3]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 Reporting Person's continued service on each such date, until the award was to fully vest on September 20, 2024. Mr. Distelburger's term as a director of the Company had expired at the 2024 Annual Stockholder Meeting, and he did not stand for re-election. The Company has accelerated the vesting of his unvested RSUs as of immediately prior to the expiration of his term on June 12, 2024.
- [F4]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, in each case subject to the Reporting Person's continued service on each such date, until the award was to fully vest on June 20, 2025. Mr. Distelburger's term as a director of the Company had expired at the 2024 Annual Stockholder Meeting, and he did not stand for re-election. The Company has accelerated the vesting of his unvested RSUs as of immediately prior to the expiration of his term on June 12, 2024.