Patrick F. Smith - 01 Apr 2022 Form 4 Insider Report for Certara, Inc. (CERT)

Reporting relationship: PRESIDENT, INTEGRATED DRUG DEV
Issuer ticker: CERT
Reported as of: 01 Apr 2022
Net transaction value: -$107,623
SEC form: 4
Accepted by SEC: 05 Apr 2022, 16:26:50 UTC
Prior SEC filing: 01 Nov 2021
Next SEC filing: 09 Jun 2022
Source filing: View source filing
Reporting owner signature: /s/ Richard M. Traynor, Attorney-in Fact for Patrick F. Smith

Key filing fact

Patrick F. Smith filed Form 4 for Certara, Inc. (CERT) on 05 Apr 2022.

Key facts

This page summarizes Patrick F. Smith's Form 4 filing for Certara, Inc. (CERT).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 05 Apr 2022, 16:26.

Change

Previous filing in this sequence was filed on 01 Nov 2021.
Current net transaction value: -$107,623.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CERT transaction

Common Stock

Tax liability

Transaction value: $32,907
Shares: -1,532
Change %: -1.5%
Price: $21.48
Shares after: 101,842
Date: 01 Apr 2022
Ownership: Direct
Footnotes: F1, F2

CERT transaction

Common Stock

Sale

Transaction value: $74,716
Shares: -3,352
Change %: -3.3%
Price: $22.29
Shares after: 98,490
Date: 04 Apr 2022
Ownership: Direct
Footnotes: F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CERT transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +25,939
Change %
Price: $0.000000
Shares after: 25,939
Date: 01 Apr 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 25,939
Exercise price
Footnotes: F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Represents restricted stock units ("RSU") withheld to satisfy tax withholding obligations in connection with the vesting and settlement of 4,884 RSUs, previously granted to the reporting person on April 1, 2021. The remaining two-thirds of the RSUs are scheduled to vest and settle in two equal installments on April 1, 2023 and April 1, 2024.

Footnote F2

The total reported in Column 5 includes 88,443 shares of common stock and 13,399 RSUs, each of which was previously reported in Table 1 of Form 4. Does not include 25,939 newly-awarded RSUs which are reported in Table II.

Footnote F3

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 11, 2021.

Footnote F4

The total reported in Column 5 includes 85,091 shares of common stock and 13,399 RSUs, each of which was previously reported in Table 1 of Form 4. Does not include 25,939 newly-awarded RSUs which are reported in Table II.

Footnote F5

Each RSU is granted under the Certara, Inc. 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent thereof. The reporting person has reported prior awards of RSUs in Table 1 of Form 4.

Footnote F6

The RSUs will vest and settle in three equal installments on April 1, 2023, April 1, 2024 and April 1, 2025.