Yext Inc.

12/13/2024 | Press release | Distributed by Public on 12/13/2024 15:35

Management Change/Compensation Form 8 K

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) Named Executive Officer Compensation
On December 11, 2024, the Compensation Committee of the Board of Directors of Yext, Inc. (the "Company") approved the following grants of restricted stock units ("RSUs") as special retention awards to the named executive officers of the Company listed below:
Name and Principal Position RSU Awards
(shares subject to award)
Darryl Bond
Chief Executive Officer
234,000*
Ho Shin
EVP & General Counsel
122,000*
*Five-sevenths of shares subject to award shall vest on June 20, 2025, one-seventh of the shares shall vest on September 20, 2025, and the remaining one-seventh of the shares shall vest on December 20, 2025, in each case subject to the executive's continued service on each such date.
These grants were made pursuant to the Company's 2016 Equity Incentive Plan (the "Plan") and are subject to all provisions of the applicable award agreements under the Plan.