Company: YEXT
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001614178-25-000046
Chunk: 36

Company: Yext, Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 36
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 year as described in the paragraph above.

Achievement of performance goals and the amount of the cash incentive compensation to be awarded to each named executive officer are determined by our compensation committee after the end of the applicable performance period based on our actual performance relative to the performance goals. As the administrator of our Employee Incentive Plan, the compensation committee may, in its sole discretion and at any time, increase, reduce or eliminate a participant’s actual award, and/or increase, reduce or eliminate the amount allocated to the incentive pool for a particular performance period. The actual award may be below, at or above a participant’s target award, in the discretion of the administrator. The administrator may determine the amount of any increase, reduction or elimination on the basis of such factors as it deems relevant, and it is not required to establish any allocation or weighting with respect to the factors it considers. Our Board of Directors and our compensation committee in their sole discretion have the authority to amend, suspend or terminate our Employee Incentive Plan, provided such action does not impair the existing rights of any participant with respect to any earned awards.

Actual awards are paid in cash only after performance goals have been achieved and require continued employment through the last day of the performance period and the date the actual award is paid. Payment of awards occurs as soon as administratively practicable after they are earned, but no later than within the timeline set forth in our Employee Incentive Plan.

Our compensation committee reviewed our executive compensation program, including the target annual cash incentive compensation opportunities for our named executive officers in the second quarter of fiscal 2025. The target annual cash incentive compensation opportunities under our executive bonus plan for our named executive officers during the fiscal year ended January 31, 2025, were as follows:

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| Named Executive Officer |     | Fiscal 2025 Executive Bonus Plan Target Award Opportunity ($) |         |
| Michael Walrath(1)      |     |                                                               |       — |
| Darryl Bond             |     |                                                               | 300,000 |
| Ho Shin                 |     |                                                               | 195,000 |

(1) Mr. Walrath was not eligible for a bonus in fiscal 2025 under the Employee Incentive Plan. On January 29, 2025, our compensation committee awarded Mr. Walrath a one-time cash bonus of $500,000. See “Executive Team Adjustments—Walrath Cash Bonus” below for further detail.

#### Fiscal 202