Kevin William O'Brien - Dec 1, 2023 Form 4 Insider Report for EngageSmart, Inc. (ESMT)

Signature
/s/ Scott Semel, Attorney-in-Fact for Kevin William O'Brien
Stock symbol
ESMT
Transactions as of
Dec 1, 2023
Transactions value $
-$68,460
Form type
4
Date filed
12/5/2023, 06:45 PM
Previous filing
Nov 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESMT Common Stock Sale -$68.5K -3K -11.23% $22.82 23.7K Dec 1, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan dated March 17, 2023.
F2 The price reported is a weighted average price. The securities were sold in multiple transactions at per share prices ranging from $22.82 to $22.85. The Reporting Person undertakes to provide upon request from 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.

Remarks:

President, Enterprise Solutions