---
schema_version: "secwatch.filing_event.v1"
accession: "0001345016-22-000030"
form_type: "8-K"
ticker: "YELP"
cik: "0001345016"
company_name: "YELP INC"
filed_at: "2022-03-16T23:59:59+00:00"
generated_at: "2026-06-26T22:17:54.404594+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Yelp director Brian Sharples to step down; Chris Terrill appointed to board

## Summary
- Brian Sharples, independent Class I director, will not stand for re-election after his term ends June 2, 2022.
- Board expanded from 9 to 10 directors; Chris Terrill appointed effective March 11, 2022 as Class I director.
- Terrill will serve on the Nominating and Corporate Governance Committee and receive standard director compensation.
- Standard compensation includes stock options valued at $162,500 and restricted stock units valued at $162,500.
- Sharples’ departure is not due to any disagreement with Yelp on operations, policies, or practices.

## SEC filing metadata
- accession: 0001345016-22-000030
- form_type: 8-K
- ticker: YELP
- cik: 0001345016
- company_name: YELP INC
- filed_at: 2022-03-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1345016/000134501622000030/0001345016-22-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1345016/000134501622000030/yelp-20220310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001345016-22-000030
- JSON: https://secwatch.observer/filing/0001345016-22-000030.json
- Plain text: https://secwatch.observer/filing/0001345016-22-000030.txt

## Key facts
- Executive change
  Brian Sharples departed as Class I director at YELP INC.
  - Action: not stand for re-election
  - Role: Class I director
  source text: On March 10, 2022, Brian Sharples notified the board of directors (the “Board”) of Yelp Inc. (the “Company”) of his decision not to stand for re-election following the end of his current term on June 2, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1345016/000134501622000030/0001345016-22-000030-index.htm
- Executive change
  Chris Terrill was appointed as Class I director at YELP INC.
  - Action: appointed
  - Role: Class I director
  source text: On March 11, 2022, the Board, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, increased the size of the Board from nine to ten directors and appointed Chris Terrill to fill the newly created directorship, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1345016/000134501622000030/0001345016-22-000030-index.htm

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