---
schema_version: "secwatch.filing_event.v1"
accession: "0001345016-22-000019"
form_type: "8-K"
ticker: "YELP"
cik: "0001345016"
company_name: "YELP INC"
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:25:19.389824+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Yelp sets 2022 exec base salaries at $500K, grants RSUs/PRSUs; CPO Patel departure in May

## Summary
- Base salaries for CEO Stoppelman, CFO Schwarzbach, COO Nachman unchanged at $500,000 each.
- Target bonus at 50% of salary for each; payout 0-200% based on corporate performance goals for 2022.
- RSU grants: Stoppelman 120,328, Schwarzbach 58,041, Nachman 60,164; vest quarterly over 4 years.
- PRSUs: financial performance awards based on 2022 revenue and adjusted EBITDA; TSR awards vs. Russell 2000 over 3 years.
- Former CPO Vivek Patel transition: advisory to March 25, part-time to May 20, 2022; 4,727 RSUs vest Feb/May; no severance.

## SEC filing metadata
- accession: 0001345016-22-000019
- form_type: 8-K
- ticker: YELP
- cik: 0001345016
- company_name: YELP INC
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1345016/000134501622000019/0001345016-22-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1345016/000134501622000019/yelp-20220210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001345016-22-000019
- JSON: https://secwatch.observer/filing/0001345016-22-000019.json
- Plain text: https://secwatch.observer/filing/0001345016-22-000019.txt

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