Michael Andrew Schemick - Apr 1, 2022 Form 4 Insider Report for Certara, Inc. (CERT)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Richard M. Traynor, Attorney-in Fact for Michael Andrew Schemick
Stock symbol
CERT
Transactions as of
Apr 1, 2022
Transactions value $
-$85,340
Form type
4
Date filed
4/5/2022, 04:56 PM
Previous filing
Nov 16, 2021
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERT Common Stock Tax liability -$85.3K -3.97K -0.8% $21.48 493K Apr 1, 2022 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 CERT Restricted Stock Units Award $0 +39.9K $0.00 39.9K Apr 1, 2022 Common Stock 39.9K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSU") withheld to satisfy tax withholding obligations in connection with the vesting and settlement of 11,599 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.
F2 The total reported in Column 5 includes 469,670 shares of common stock and 23,200 RSUs, each of which was previously reported in Table 1 of Form 4. Does not include 39,906 newly-awarded RSUs which are reported in Table II.
F3 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.
F4 The RSUs will vest and settle in three equal installments on April 1, 2023, April 1, 2024 and April 1, 2025.