secwatch.observer — SEC 8-K summary
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Issuer:     YELP INC (YELP)
CIK:        0001345016
Form:       8-K
Filed at:   2022-03-16T23:59:59+00:00
Accession:  0001345016-22-000030
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1345016/000134501622000030/0001345016-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1345016/000134501622000030/yelp-20220310.htm
  HTML page:      https://secwatch.observer/filing/0001345016-22-000030

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