Robert Aspbury - 05 Mar 2024 Form 4 Insider Report for Certara, Inc. (CERT)

Signature
/s/ Richard M. Traynor, Attorney-in-Fact for Robert P. Aspbury
Issuer symbol
CERT
Transactions as of
05 Mar 2024
Net transactions value
-$138,032
Form type
4
Filing time
06 Mar 2024, 16:26:57 UTC
Previous filing
03 Jul 2023
Next filing
03 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERT Common Stock Award $0 +11,960 +4.3% $0.000000 288,025 05 Mar 2024 Direct F1
transaction CERT Common Stock Tax liability $106,143 -5,622 -2% $18.88 282,403 05 Mar 2024 Direct F2
transaction CERT Common Stock Award $0 +3,589 +1.3% $0.000000 285,992 05 Mar 2024 Direct F3
transaction CERT Common Stock Tax liability $31,888 -1,689 -0.59% $18.88 284,303 05 Mar 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit ("PSU") was granted on April 1, 2021, under the Certara, Inc. 2020 Incentive Plan and represents a right to receive one share of common stock. The PSUs are subject to the achievement of certain performance objectives over a three-year period from January 1, 2021 to December 31, 2023. The PSUs were vested and settled on March 5, 2024.
F2 Represents shares of the issuer withheld to satisfy tax withholding obligations in connection with the vesting of PSUs described in footnote 1.
F3 Each PSU was granted on July 1, 2021, under the Certara, Inc. 2020 Incentive Plan and represents a right to receive one share of common stock. The PSUs are subject to the achievement of certain performance objectives over a three-year period from January 1, 2021 to December 31, 2023. The PSUs were vested and settled on March 5, 2024.
F4 Represents shares of the issuer withheld to satisfy tax withholding obligations in connection with the vesting of PSUs described in footnote 3.