Robert Aspbury - 01 Apr 2024 Form 4 Insider Report for Certara, Inc. (CERT)

Role: PRESIDENT; SCIENTIFIC SOFTWARE
Signature: /s/ Richard M. Traynor, as Attorney-In-Fact for Robert P. Aspbury
Issuer symbol: CERT
Transactions as of: 01 Apr 2024
Net transactions value: -$189,975
Form type: 4
Filing time: 03 Apr 2024, 17:00:48 UTC
Previous filing: 06 Mar 2024
Next filing: 02 Jul 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CERT	Common Stock	Tax liability	$51,316	-2,870	-1%	$17.88	281,433	01 Apr 2024	Direct	F1, F2, F3
transaction	CERT	Common Stock	Options Exercise	$0	+8,646	+3.1%	$0.000000	290,079	01 Apr 2024	Direct	F3, F4
transaction	CERT	Common Stock	Tax liability	$72,664	-4,064	-1.4%	$17.88	286,015	01 Apr 2024	Direct	F2, F3
transaction	CERT	Common Stock	Options Exercise	$0	+7,852	+2.7%	$0.000000	293,867	01 Apr 2024	Direct	F3, F5
transaction	CERT	Common Stock	Tax liability	$65,995	-3,691	-1.3%	$17.88	290,176	01 Apr 2024	Direct	F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CERT	Restricted Stock Units	Options Exercise	$0	-8,646	-50%	$0.000000	8,647	01 Apr 2024	Common Stock	8,646		Direct	F4
transaction	CERT	Restricted Stock Units	Options Exercise	$0	-7,852	-33%	$0.000000	15,704	01 Apr 2024	Common Stock	7,852		Direct	F5
transaction	CERT	Restricted Stock Units	Award	$0	+30,381		$0.000000	30,381	01 Apr 2024	Common Stock	30,381		Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each RSU was granted on April 1, 2021, under the Certara, Inc. ("Certara") 2020 Incentive Plan (the "2020 Incentive Plan") and represents the right to receive one share of common stock or the cash equivalent. One-third of the RSUs vested and were settled on April 1, 2022. One-third of the RSUs vested and were settled on March 31, 2023. The remaining one-third of the RSUs vested and were settled on April 1, 2024.
F2	Represents RSUs of Certara withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes, 1, 4, and 5, exempt under Rule 16b-3.
F3	The total reported in Column 5 includes 7,937 RSUs which was previously reported in Table 1 of Form 4.
F4	Each RSU was granted on April 1, 2022, under the 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent. One-third of the RSUs vested and were settled on March 31, 2023. One-third of the RSUs vested and were settled on April 1, 2024. The remaining one-third of the RSUs are scheduled to vest and settle on April 1, 2025.
F5	Each RSU was granted on April 1, 2023, under the 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent. One-third of the RSUs vested and were settled on April 1, 2024. The remaining two-thirds of the RSUs are scheduled to vest and settle in equal parts on April 1, 2025 and April 1, 2026.
F6	Each RSU was granted on April 1, 2024, under the 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent. The RSUs will vest and settle in three equal installments on April 1, 2025, April 1, 2026 and April 1, 2027.