Oleg Shchegolev - Aug 4, 2022 Form 4/A - Amendment Insider Report for SEMrush Holdings, Inc. (SEMR)

Signature
Oleg Shchegolev
Stock symbol
SEMR
Transactions as of
Aug 4, 2022
Transactions value $
-$650,797
Form type
4/A - Amendment
Date filed
2/14/2023, 04:28 PM
Date Of Original Report
Aug 8, 2022
Previous filing
Aug 4, 2022
Next filing
Aug 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEMR Class A Common Stock Sale -$215K -16.5K -0.78% $12.96 2.09M Aug 4, 2022 See Footnote F1, F2, F3
transaction SEMR Class A Common Stock Sale -$436K -33.9K -1.62% $12.86 2.06M Aug 5, 2022 See Footnote F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $12.6800 to $13.1500, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 The Reporting Person's Form 4 filed on August 8, 2022, incorrectly listed the number of shares of Class A Common Stock sold on August 4, 2022 as 16,448 shares, as opposed to 16,548 shares. Therefore, the total amount of securities beneficially owned by the Reporting Person and reported in column 5 of Table I was overstated by the difference in the amount of these shares in each of the Forms 4 filed after August 8, 2022 and before February 14, 2023.
F3 These shares are owned by Shchegolev Holdings, LLC. The Oleg Shchegolev Irrevocable GST Trust of 2020 is the sole Member of Shchegolev Holdings, LLC. IQ EQ Trust Company LLC is the trustee of The Oleg Shchegolev Irrevocable GST Trust of 2020. The Reporting Person disclaims Section 16 beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $12.6400 to $13.0800, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.

Remarks:

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 10, 2022.