Andrew Warden - Oct 1, 2021 Form 4 Insider Report for SEMrush Holdings, Inc. (SEMR)

Role
Chief Marketing Officer
Signature
/s/ Andrew Warden
Stock symbol
SEMR
Transactions as of
Oct 1, 2021
Transactions value $
$0
Form type
4
Date filed
5/23/2022, 06:44 PM
Previous filing
Sep 23, 2021
Next filing
Apr 5, 2022
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 +56.7K $0.00 56.7K Oct 1, 2021 Direct F1, 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 Employee Stock Option (Right to Buy) Award $0 +114K $0.00 114K Oct 1, 2021 Class A Common Stock 114K $23.83 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. 25% of the RSUs shall vest on October 1, 2022, and the remainder shall vest in quarterly installments over a 36-month period thereafter, starting on January 1, 2023.
F2 Does not reflect previously reported transactions that occurred after October 1, 2021.
F3 25% of the shares underlying this option shall vest on October 1, 2022, and the remainder shall vest in monthly installments over a 36-month period thereafter, at a rate of 2.07% of such shares each month for the first 35 months and 2.5% of such shares for the 36th month, subject to the Reporting Person's continuous employment with the Issuer on each such date.