secwatch.observer — SEC 8-K summary
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Issuer:     Yext, Inc. (YEXT)
CIK:        0001614178
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001614178-24-000142
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Yext awards 234k RSUs to CEO Bond and 122k RSUs to EVP Shin as retention grants
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- Compensation Committee approved special retention RSUs on Dec 11, 2024 for CEO Darryl Bond (234,000 shares) and EVP & General Counsel Ho Shin (122,000 shares).
- Vesting schedule: 5/7 on June 20, 2025; 1/7 on Sep 20, 2025; 1/7 on Dec 20, 2025, subject to continued service.
- Grants were made under the company's 2016 Equity Incentive Plan and are intended to retain key executives.
- No other named executive officers received such awards in this action.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1614178/000161417824000142/0001614178-24-000142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1614178/000161417824000142/yext-20241211.htm
  HTML page:      https://secwatch.observer/filing/0001614178-24-000142

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