Patrick F. Smith - Oct 4, 2024 Form 4 Insider Report for Certara, Inc. (CERT)

Signature
/s/ Daniel Corcoran, as Attorney-in-Fact for Patrick F. Smith
Stock symbol
CERT
Transactions as of
Oct 4, 2024
Transactions value $
-$19,145
Form type
4
Date filed
10/7/2024, 04:42 PM
Previous filing
Apr 4, 2024
Next filing
Oct 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CERT Common Stock Options Exercise $0 +7.15K +14.28% $0.00 57.2K Oct 4, 2024 Direct F1
transaction CERT Common Stock Tax liability -$19.1K -1.74K -3.04% $10.99 55.5K Oct 4, 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 +7.15K +99.99% $0.00 14.3K Oct 4, 2024 Common Stock 7.15K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") was granted on October 5, 2023, under the Certara, Inc. ("Certara") 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 October 4, 2024. The remaining two-thirds of the RSUs are scheduled to vest and settle in equal parts on October 5, 2025, and October 5, 2026.
F2 Represents RSUs of Certara withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1, exempt under Rule 16b-3.