Andrew Warden - Oct 1, 2021 Form 4 Insider Report for SEMrush Holdings, Inc. (SEMR)

Role: Chief Marketing Officer
Signature: /s/ Andrew Warden
Stock symbol: SEMR
Transactions as of: Oct 1, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/23/2022, 06:44 PM
Previous filing: Sep 23, 2021
Next filing: Apr 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SEMR	Class A Common Stock	Award	$0	+56.7K		$0.00	56.7K	Oct 1, 2021	Direct	F1, 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	SEMR	Employee Stock Option (Right to Buy)	Award	$0	+114K		$0.00	114K	Oct 1, 2021	Class A Common Stock	114K	$23.83	Direct	F3

* 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 October 1, 2022, and the remainder shall vest in quarterly installments over a 36-month period thereafter, starting on January 1, 2023.
F2	Does not reflect previously reported transactions that occurred after October 1, 2021.
F3	25% of the shares underlying this option shall vest on October 1, 2022, 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.