Scott N. Semel - 01 Jul 2023 Form 4 Insider Report for EngageSmart, Inc.

Role
Chief Legal Officer
Signature
/s/ Scott Semel
Issuer symbol
N/A
Transactions as of
01 Jul 2023
Net transactions value
-$57,327
Form type
4
Filing time
06 Jul 2023, 21:42:01 UTC
Previous filing
04 Apr 2023
Next filing
03 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESMT Common Stock Options Exercise $0 +6,705 +31% $0.000000 28,142 01 Jul 2023 Direct
transaction ESMT Common Stock Tax liability $37,569 -1,968 -7% $19.09 26,174 01 Jul 2023 Direct F1
transaction ESMT Common Stock Options Exercise $0 +3,523 +13% $0.000000 29,697 01 Jul 2023 Direct
transaction ESMT Common Stock Tax liability $19,758 -1,035 -3.5% $19.09 28,662 01 Jul 2023 Direct F1

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 -6,705 -8.3% $0.000000 73,759 01 Jul 2023 Common Stock 6,705 Direct F2, F3
transaction ESMT Restricted Stock Units Options Exercise $0 -3,523 -6.7% $0.000000 49,323 01 Jul 2023 Common Stock 3,523 Direct F2, F4
* 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 Each RSU represents a contingent right to receive one share of common stock.
F3 The RSUs vest with respect to 25% of the shares on April 1, 2023 and then in equal installments on each of the 12 quarterly anniversaries thereafter. The RSUs have no expiration date.
F4 The RSUs vest in 16 equal quarterly installments commencing on April 1, 2023 and have no expiration date.