Yext insider reports 19M shares on initial Form 3
Yext, Inc. director and 10% owner Cynthia Paul, together with Lynrock Lake LP and Lynrock Lake Partners LLC, filed an initial statement of beneficial ownership of Yext common stock.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Yext, Inc. director and 10% owner Cynthia Paul, together with Lynrock Lake LP and Lynrock Lake Partners LLC, filed an initial statement of beneficial ownership of Yext common stock. The filing reports indirect ownership of 19,015,087 shares of common stock held by Lynrock Lake Master Fund LP.
The footnote explains that Lynrock Lake LP serves as investment manager to Lynrock Lake Master Fund LP with delegated voting and investment power, and that Cynthia Paul may be deemed to exercise voting and investment power through her roles at the Lynrock Lake entities. Each reporting person disclaims beneficial ownership beyond any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Shares held directly by Lynrock Lake Master Fund LP ("Lynrock Lake Master"). Lynrock Lake LP (the "Investment Manager") is the investment manager of Lynrock Lake Master and, pursuant to an investment management agreement, has been delegated full voting and investment power over securities of Yext, Inc. held by Lynrock Lake Master. Cynthia Paul is the Chief Investment Officer and Chief Executive Officer of the Investment Manager and the Sole Member of Lynrock Lake Partners LLC, the general partner of the Investment Manager, and may be deemed to exercise voting and investment power over securities of Yext, Inc. held by Lynrock Lake Master. Each of the Reporting Persons disclaims beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein. This report shall not be deemed an admission that any of the Reporting Persons is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Key Figures
Key Terms
beneficial ownership financial
pecuniary interest financial
Section 16 of the Exchange Act regulatory
investment manager financial
voting and investment power financial
FAQ
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What does the Yext (YEXT) Form 3 filed by Cynthia Paul and Lynrock Lake report?
Who are the reporting persons on the Yext (YEXT) Form 3 and what are their roles?
How is beneficial ownership characterized for Cynthia Paul and Lynrock Lake in the Yext (YEXT) Form 3?
AI-generated analysis. How Rhea-AI works. Not financial advice.