Yext enters cooperation deal with Lead Edge Capital; appoints Evan Skorpen to board

Yext, Inc.

Board expanded from 9 to 10 directors; Skorpen elected as Class I director with term through 2024 annual meeting.
Standstill restricts Lead Edge from owning >15% of voting securities, expires at Class I election or 2 years.
Skorpen must resign if Lead Edge's beneficial ownership falls below 7% of voting securities.
Lead Edge may not sell shares for 9 months; thereafter volume-limited under Rule 144.
Skorpen receives initial RSU grant worth $300,000 (62,370 units) vesting over 3 years.

item 1.01 item 5.02 item 9.01

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Appointed

Evan Skorpen

Class I Director

YEXT · Yext, Inc.

Effective: 2022-09-30
Filed: October 4, 2022, 7:59 PM ET

On September 30, 2022, the Board approved an increase in the number of authorized directors from nine to ten and elected Evan Skorpen as a Class I director to fill the vacancy.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Evan Skorpen was elected as Class I Director at Yext, Inc..

Action: elected
Role: Class I Director

Exact text from the filing

On September 30, 2022, the Board approved an increase in the number of authorized directors from nine to ten and elected Evan Skorpen as a Class I director to fill the vacancy.

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Yext, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-105885

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