Yext director granted 43,209 RSUs
Skorpen Evan reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Skorpen Evan reported acquisition or exercise transactions in this Form 4 filing.
Yext, Inc. director Evan Skorpen received a grant of 43,209 restricted stock units (RSUs), each representing one share of Yext common stock. The award vests 100% on June 10, 2027, conditional on his continued service with the company through that date.
The RSUs were granted as director compensation. Footnotes state Skorpen is a partner at Lead Edge Capital and must remit proceeds from any future sale of shares issued upon vesting to Lead Edge Capital, and he disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 43,209 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Yext, Inc.'s (the "Company") common stock.
- F2. 100% of the shares subject to the award vest on June 10, 2027, subject to the Reporting Person's continued service to the Company on such date.
- F3. The restricted stock units were granted to the Reporting Person, a director of the Company. The Reporting Person is also a partner at Lead Edge Capital, and is obligated to remit the proceeds of any sale of shares of common stock issued to the Reporting Person upon vesting of the restricted stock units to Lead Edge Capital. As such, the Reporting Person disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of this pecuniary interest therein, if any.
Key Figures
Key Terms
Restricted Stock Unit financial
beneficial ownership financial
pecuniary interest financial
Section 16 regulatory
FAQ
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What did Yext (YEXT) director Evan Skorpen report on this Form 4?
How many Yext (YEXT) restricted stock units did Evan Skorpen receive?
When do Evan Skorpen’s Yext (YEXT) RSUs vest?
What does each Yext (YEXT) restricted stock unit represent in this filing?
Is this Yext (YEXT) Form 4 an open-market stock purchase or sale?
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