Brian Mulroy - 04 May 2023 Form 4 Insider Report for SEMrush Holdings, Inc. (SEMR)

Role
Chief Financial Officer
Signature
/s/ David Mason, as attorney-in-fact
Issuer symbol
SEMR
Transactions as of
04 May 2023
Net transactions value
$0
Form type
4
Filing time
08 May 2023, 17:45:03 UTC
Previous filing
20 Apr 2023
Next filing
05 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEMR Class A Common Stock Award $0 +172,786 $0.000000 172,786 04 May 2023 Direct F1
transaction SEMR Class A Common Stock Award $0 +134,989 +78% $0.000000 307,775 04 May 2023 Direct F2

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 SEMR Stock Option (Right to Buy) Award $0 +222,816 $0.000000 222,816 04 May 2023 Class A Common Stock 222,816 $9.26 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a grant of a restricted stock unit ("RSU") award under the Issuer's 2021 Stock Option and Incentive Plan. Each RSU represents a right to receive one share of the Issuer's Class A Common Stock upon vesting. 100% of the RSUs shall vest on April 10, 2024.
F2 Consists of a grant of a restricted stock unit ("RSU") award under the Issuer's 2021 Stock Option and Incentive Plan. Each RSU represents a right to receive one share of the Issuer's Class A Common Stock upon vesting. 25% of the RSUs shall vest on April 10, 2024, and the remainder shall vest in quarterly installments over a 36-month period thereafter, starting on April 10, 2024, at a rate of 6.25% of such RSUs each quarter.
F3 25% of the stock option shall vest on the twelve (12) month anniversary of April 10, 2023, and the remainder shall vest in monthly installments over a 36-month period thereafter, at a rate of 2.07% of such options each month for the first 35 months and 2.5% of such options for the 36th month, subject to the Reporting Person's continuous employment with the Issuer on each such date.