Michael Andrew Schemick - 31 Mar 2023 Form 4 Insider Report for Certara, Inc. (CERT)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Richard M. Traynor as attorney-in-fact for Michael Andrew Schemick
Issuer symbol: CERT
Transactions as of: 31 Mar 2023
Net transactions value: -$196,993
Form type: 4
Filing time: 03 Apr 2023, 16:40:49 UTC
Previous filing: 18 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CERT	Common Stock	Tax liability	$88,560	-3,721	-0.72%	$23.80	514,149	31 Mar 2023	Direct	F1, F2
transaction	CERT	Common Stock	Options Exercise	$0	+13,302	+2.6%	$0.000000	527,451	31 Mar 2023	Direct	F2, F3
transaction	CERT	Common Stock	Tax liability	$108,433	-4,556	-0.86%	$23.80	522,895	31 Mar 2023	Direct	F2, F4

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CERT	Restricted Stock Units	Options Exercise	$0	-13,302	-33%	$0.000000	26,604	31 Mar 2023	Common Stock	13,302		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael Andrew Schemick is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Id	Content
F1	Represents restricted stock units ("RSUs") withheld to satisfy the tax withholding obligations in connection with the vesting and settlement of RSUs, exempt under Rule 16b-3. Each RSUs was granted on April 1, 2021, under the Certara, Inc. 2020 Incentive Plan (the "2020 Incentive Plan") and represents a right to receive one share of common stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on April 1, 2022. One-third of the RSUs vested and were on March 31, 2023. The remaining one-third of the RSUs are scheduled to vest and settle on April 1, 2024.
F2	The total reported in Column 5 includes 11,600 RSUs which was previously reported in Table 1 of Form 4.
F3	Each RSU was granted on April 1, 2022, under the 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on March 31, 2023. The remaining two-thirds of the RSUs are scheduled to vest and settle in two equal installments on April 1, 2024, and April 1, 2025.
F4	Represents RSUs withheld to satisfy the tax withholding obligations in connection with the vesting and settlement of RSUs, exempt under Rule 16b-3.

Reflects the vesting of restricted stock units of the reporting person prior to stepping down from the role of CFO.