William F. Feehery - Apr 1, 2024 Form 4 Insider Report for Certara, Inc. (CERT)

Signature
/s/ Richard M. Traynor, as Attorney-in-Fact for William F. Feehery
Stock symbol
CERT
Transactions as of
Apr 1, 2024
Transactions value $
-$762,207
Form type
4
Date filed
4/3/2024, 04:44 PM
Previous filing
Apr 27, 2023
Next filing
Apr 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERT Common Stock Tax liability -$232K -13K -0.58% $17.88 2.21M Apr 1, 2024 Direct F1, F2, F3
transaction CERT Common Stock Options Exercise $0 +36.6K +1.66% $0.00 2.25M Apr 1, 2024 Direct F4
transaction CERT Common Stock Tax liability -$278K -15.5K -0.69% $17.88 2.23M Apr 1, 2024 Direct F2
transaction CERT Common Stock Options Exercise $0 +33.2K +1.49% $0.00 2.26M Apr 1, 2024 Direct F5
transaction CERT Common Stock Tax liability -$252K -14.1K -0.62% $17.88 2.25M Apr 1, 2024 Direct 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 Options Exercise $0 -36.6K -50% $0.00 36.6K Apr 1, 2024 Common Stock 36.6K Direct F4
transaction CERT Restricted Stock Units Options Exercise $0 -33.2K -33.33% $0.00 66.4K Apr 1, 2024 Common Stock 33.2K Direct F5
transaction CERT Restricted Stock Units Award $0 +121K $0.00 121K Apr 1, 2024 Common Stock 121K Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU was granted on April 1, 2021, under the Certara, Inc. ("Certara") 2020 Incentive Plan (the "2020 Incentive Plan") and represents the right to receive one share of common stock or the cash equivalent. One-third of the RSUs vested and were settled on April 1, 2022. One-third of the RSUs vested and were settled on March 31, 2023. The remaining one-third of the RSUs vested and were settled on April 1, 2024.
F2 Represents RSUs of Certara withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes, 1, 4, and 5, exempt under Rule 16b-3.
F3 The total reported in Column 5 includes 30,525 RSUs which was previously reported in Table 1 of Form 4.
F4 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. One-third of the RSUs vested and were settled on March 31, 2023. One-third of the RSUs vested and were settled on April 1, 2024. The remaining one-third of the RSUs are scheduled to vest and settle on April 1, 2025.
F5 Each RSU was granted on April 1, 2023, under the 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent. One-third of the RSUs vested and were settled on April 1, 2024. The remaining two-thirds of the RSUs are scheduled to vest and settle in equal parts on April 1, 2025 and April 1, 2026.
F6 Each RSU was granted on April 1, 2024, under the 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent. The RSUs will vest and settle in three equal installments on April 1, 2025, April 1, 2026 and April 1, 2027.