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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Class B Common Stock | $ 0 (1) | 09/22/2016 | C(1) | 397,940 | (1) | (1) | Common Stock | 397,940 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 7.16 | 09/22/2016 | J(3) | 415,709 | (4) | 01/05/2021 | Class B Common Stock | 415,709 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 7.16 | 09/22/2016 | J(3) | 415,709 | (4) | 01/05/2021 | Common Stock | 415,709 | $ 0 | 415,709 | D | ||||
Employee Stock Option (Right to Buy) | $ 21.18 | 09/22/2016 | J(3) | 425,000 | (5) | 02/05/2023 | Class A Common Stock | 425,000 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 21.18 | 09/22/2016 | J(3) | 425,000 | (5) | 02/05/2023 | Common Stock | 425,000 | $ 0 | 425,000 | D | ||||
Employee Stock Option (Right to Buy) | $ 21.18 | 09/22/2016 | J(3) | 90,000 | (4) | 02/05/2023 | Class A Common Stock | 90,000 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 21.18 | 09/22/2016 | J(3) | 90,000 | (4) | 02/05/2023 | Common Stock | 90,000 | $ 0 | 90,000 | D | ||||
Employee Stock Option (Right to Buy) | $ 53.83 | 09/22/2016 | J(3) | 26,100 | (6) | 01/08/2025 | Class A Common Stock | 26,100 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 53.83 | 09/22/2016 | J(3) | 26,100 | (6) | 01/08/2025 | Common Stock | 26,100 | $ 0 | 26,100 | D | ||||
Employee Stock Option (Right to Buy) | $ 20.47 | 09/22/2016 | J(3) | 53,300 | (7) | 03/09/2026 | Class A Common Stock | 53,300 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 20.47 | 09/22/2016 | J(3) | 53,300 | (7) | 03/09/2026 | Common Stock | 53,300 | $ 0 | 53,300 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Donaker Geoffrey L C/O YELP INC. 140 NEW MONTGOMERY ST., 9TH FLOOR SAN FRANCISCO, CA 94105 |
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/s/ Laurence Wilson, Attorney-in-fact | 09/23/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On September 22, 2016, each share of the Issuer's outstanding Class A common stock and Class B common stock automatically converted into one share of common stock pursuant to the Issuer's amended and restated certificate of incorporation. |
(2) | Shares are held by Geoffrey Donaker as Trustee UA 02/07/05 Donaker Revocable Trust. The Reporting Person holds voting and dispositive power over the shares. |
(3) | In connection with the conversion described in footnote (1), outstanding options denominated in Class A or Class B common stock issued under the Issuer's equity incentive plans remain unchanged, except that they now represent the right to receive shares of the single class of common stock rather than shares of Class A or Class B common stock. |
(4) | Fully vested. |
(5) | The shares underlying the stock option vest in equal monthly installments as follows: (a) 10% of the shares vest over the 12 month period from the Grant Date of February 5, 2013; then (b) 20% of the shares vest over the following 12 month period; then (c) 30% of the shares vest over the following 12 month period; and then (d) 40% of the shares vest over the following 12 month period, such that all of the shares vest as of the four year anniversary of the Grant Date. |
(6) | The shares underlying the stock option vest in equal monthly installments over 24 months following the grant date of January 8, 2015. |
(7) | The shares underlying the stock option vest in equal monthly installments over 12 months following the grant date of March 9, 2016. |