Leif E. Pedersen - Sep 11, 2023 Form 4 Insider Report for Certara, Inc. (CERT)

Signature
/s/ Richard Traynor as attorney-in-fact for Leif E. Pedersen
Stock symbol
CERT
Transactions as of
Sep 11, 2023
Transactions value $
-$747,870
Form type
4
Date filed
9/12/2023, 04:26 PM
Previous filing
Apr 3, 2023
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERT Common Stock Sale -$748K -51.2K -28.44% $14.60 129K Sep 11, 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 adopted by the Reporting Person on March 16, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $14.51 to $14.84. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.