Dmitry Melnikov - 01 Apr 2022 Form 4 Insider Report for SEMrush Holdings, Inc. (SEMR)

Role
Chief Operating Officer, Director, 10%+ Owner
Signature
/s/ Dmitry Melnikov
Issuer symbol
SEMR
Transactions as of
01 Apr 2022
Transactions value $
$0
Form type
4
Date filed
05 Apr 2022, 17:05
Previous filing
11 Mar 2022
Next filing
11 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEMR Class A Common Stock Award $0 +62.7K +15.69% $0.00 463K 01 Apr 2022 Direct F1

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 SEMR Employee Stock Option (Right to Buy) Award $0 +119K $0.00 119K 01 Apr 2022 Class A Common Stock 119K $11.96 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a grant of a restricted stock unit ("RSU") award under the Issuer's 2021 Stock Option and Incentive Plan. Each RSU represents a right to receive one share of the Issuer's Class A Common Stock upon vesting. 25% of the RSUs shall vest on April 1, 2023, and the remainder shall vest in quarterly installments over a 36-month period thereafter, starting on July 1, 2023, at a rate of 6.25% of such RSUs each quarter.
F2 25% of the shares underlying this option shall vest on April 1, 2023, and the remainder shall vest in monthly installments over a 36-month period thereafter, at a rate of 2.07% of such shares each month for the first 35 months and 2.5% of such shares for the 36th month, subject to the Reporting Person's continuous employment with the Issuer on each such date.