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TABLE OF CONTENTS YANDEX N.V. INDEX TO CONSOLIDATED FINANCIAL STATEMENTS Table of Contents ( Mark One ) ㅁ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON , D.C. 20549 FORM 20 - F REGISTRATION STATEMENT PURSUANT TO SECTION 12 ( b ) OR ( g ) OF THE SECURITIES EXCHANGE ACT OF 1934 OR > ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from OR to SHELL COMPANY PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number : 001-35173 YANDEX N.V. ( Exact name of Registrant as specified in its charter ) N / A ( Translation of Registrant's name in English ) The Netherlands ( Jurisdiction of incorporation or organization ) Schiphol Boulevard 165 Schiphol P7 1118 BG , The Netherlands ( Address of principal executive offices ) Arkady Volozh , Chief Executive Officer Schiphol Boulevard 165 Schiphol 1118 BG , The Netherlands Telephone : +31 20-206-6970 Facsimile : +31 20-446-6372 Email : askIR@yandex-team.ru ( Name , Telephone , E - mail and / or Facsimile number and Address of Company Contact Person ) Securities registered or to be registered pursuant to Section 12 ( b ) of the Act . Title of each class Class A Ordinary Shares Trading Symbol ( s ) YNDX Securities registered or to be registered pursuant to Section 12 ( g ) of the Act . None Name of each exchange on which registered NASDAQ Global Select Market Securities for which there is a reporting obligation pursuant to Section 15 ( d ) of the Act . Class A Ordinary Shares Indicate the number of outstanding shares of each of the issuer's classes of capital or common stock as of the close of the period covered by the Annual Report . ( 1 ) Title of each class Class A Class B Number of shares outstanding 318,501,858 35,708,674 Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No □ If this report is an annual or transition report , indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934. Yes No Note - checking the box above will not relieve any registrant required to file reports pursuant to Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 from their obligations under those Sections . Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( $ 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer X Accelerated filer 0 Non - accelerated filer Emerging growth company If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the Registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . + The term " new or revised financial accounting standard " refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5 , 2012 . Indicate by check mark which basis of accounting the registrant has used to prepared the financial statements included in this filing : U.S. GAAP 区 International Financial Reporting Standards as issued by the International Accounting Standards Board Other If " Other " has been checked in response to the previous question , indicate by check mark which financial statement item the registrant has elected to follow . Item 17 Item 18 □ If this is an annual report , indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No ( 1 ) In addition , we had 1,928,621 Class A shares held in treasury and nil Class C shares issued and fully paid as of December 31 , 2020. Our Class C shares are issued from time to time solely for technical purposes , to facilitate the conversion of our Class B shares into Class A shares . They are held by a Conversion Foundation managed by members of our Board of Directors . For the limited period of time during which any Class C shares are outstanding , they will be voted in the same proportion as votes cast by holders of our Class A and Class B shares , so as not to influence the outcome of any vote .