Shin Ho 4

What Happened

• Shin Ho, General Counsel of Yext, exercised/converted multiple derivative awards and received equity from time- and performance-based awards on March 20, 2026. The filing shows conversions/exercises of derivatives for 14,062, 23,125 and 20,000 shares, plus a grant/award of 3,493 shares. A performance award of 23,493 PSUs vested on March 20, 2026 per the filing footnote (F2).
• To satisfy tax withholding obligations on vested awards, 34,180 shares were withheld/disposed at $4.79 per share, generating proceeds of $163,722 (reported as transaction code F). Several exercises/conversions are also reported as dispositions at $0.00, reflecting net settlement or surrendered derivative shares as part of the exercise/settlement process.

Key Details

• Transaction date(s): March 20, 2026; Form 4 filed March 24, 2026 (filed on time — within two business days).
• Reported exercises/conversions (code M): 14,062; 23,125; 20,000 shares (acquisitions and related dispositions at $0.00 are reported).
• Awards/vests (codes A / performance footnote): 3,493 shares granted; 23,493 PSUs vested based on ~117.46% performance for a 20,000 target (F2, F3).
• Tax withholding (code F): 34,180 shares withheld at $4.79 = $163,722 (F4).
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Notable footnotes: PSUs convert to common shares if performance targets are met (F2, F3). Some awards vest over time per schedule (F5, F6). Withholding was used to satisfy tax liabilities on vesting (F4).

Context

• Transaction codes: M = exercise/conversion of derivative (options/PSUs), A = award/grant, F = shares withheld to pay taxes. The filing indicates exercises/vests and tax-withholding via share surrender/withholding rather than an open-market sale.
• This activity is largely award vesting and option/derivative settlement; tax-withholding dispositions are routine and do not necessarily indicate a sell decision for investment reasons.
• Filing timing: Reported on March 24, 2026 for a March 20, 2026 event — the Form 4 was filed on time (within required reporting window).