Yext President & COO Marc Ferrentino steps down, becomes advisor through June 2024

Yext, Inc.

Marc Ferrentino resigns as President & COO, effective Sept 30, 2023; serves as advisor through June 30, 2024 under 9-month advisory agreement.
Receives immediate acceleration of 140,000 unvested RSUs; 159,375 RSUs continue vesting on Dec 20, 2023, Mar 20, 2024, Jun 20, 2024.
Unvested stock options (including any previously granted) are forfeited upon employment termination.
If a change in control occurs during advisory term, unvested time-based RSUs that would vest during term accelerate fully.
Resignation not due to any disagreement with Yext concerning operations, policies, or practices.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Marc Ferrentino

President and Chief Operating Officer

YEXT · Yext, Inc.

Effective: 2023-09-30
Filed: September 18, 2023, 7:59 PM ET

On September 17, 2023, Marc Ferrentino notified the board of directors (the “Board”) of Yext, Inc. (the “Company”) of his intention to step down from his position as President and Chief Operating Officer of the Company effective September 30, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Marc Ferrentino resigned as President and Chief Operating Officer at Yext, Inc..

Action: resigned
Role: President and Chief Operating Officer

Exact text from the filing

On September 17, 2023, Marc Ferrentino notified the board of directors (the “Board”) of Yext, Inc. (the “Company”) of his intention to step down from his position as President and Chief Operating Officer of the Company effective September 30, 2023.

View on SEC.gov

Yext, Inc. filing history →

Source: SEC EDGAR

accession 0001614178-23-000077

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.