---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-105885"
form_type: "8-K"
ticker: "YEXT"
cik: "0001614178"
company_name: "Yext, Inc."
filed_at: "2022-10-04T23:59:59+00:00"
generated_at: "2026-06-23T05:34:43.193697+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-22-105885
- form_type: 8-K
- ticker: YEXT
- cik: 0001614178
- company_name: Yext, Inc.
- filed_at: 2022-10-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1614178/000110465922105885/0001104659-22-105885-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1614178/000110465922105885/tm2227384d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-105885
- JSON: https://secwatch.observer/filing/0001104659-22-105885.json
- Plain text: https://secwatch.observer/filing/0001104659-22-105885.txt

## Key facts
- Executive change
  Evan Skorpen was elected as Class I Director at Yext, Inc..
  - Action: elected
  - Role: Class I Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1614178/000110465922105885/0001104659-22-105885-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.