Jonathan Cole Seltzer - 01 Jan 2023 Form 4 Insider Report for EngageSmart, Inc.

Signature
By: /s/ Scott Semel, Attorney-in-Fact for Jonathan C. Seltzer
Issuer symbol
N/A
Transactions as of
01 Jan 2023
Net transactions value
-$14,760
Form type
4
Filing time
04 Jan 2023, 20:17:36 UTC
Previous filing
03 Nov 2022
Next filing
07 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESMT Common Stock Options Exercise $0 +1,202 +44% $0.000000 3,922 01 Jan 2023 Direct
transaction ESMT Common Stock Tax liability $8,448 -480 -12% $17.60 3,442 01 Jan 2023 Direct F1
transaction ESMT Common Stock Options Exercise $906 -300 -7.4% $3.02* 3,742 03 Jan 2023 Direct
transaction ESMT Common Stock Sale $5,406 -300 -8% $18.02 3,442 03 Jan 2023 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 ESMT Restricted Stock Units Options Exercise $0 -1,202 -8.3% $0.000000 13,221 01 Jan 2023 Common Stock 1,202 Direct F4, F5
transaction ESMT Stock Option Options Exercise $0 -300 -0.12% $0.000000 258,030 03 Jan 2023 Common Stock 300 $3.02 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of common stock withheld to satisfy the tax withholding obligation in connection with the vesting of certain previously reported restricted stock units ("RSUs").
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F3 The price reported is a weighted average price. The securities were sold in multiple transactions at per share prices ranging from $18.00 to $18.05. The Reporting Person undertakes to provide upon request the SEC staff, the Issuer, or any shareholder of the Issuer, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.
F4 Each RSU represents a contingent right to receive one share of common stock.
F5 The RSUs vest in 16 equal quarterly installments commencing on January 1, 2022 and have no expiration date.
F6 The stock option vests and becomes exercisable with respect to 25% of the shares on November 1, 2020 and vests with respect to the remaining shares in twelve equal quarterly installments beginning on January 1, 2021.