Oleg Shchegolev - Jul 11, 2022 Form 4 Insider Report for SEMrush Holdings, Inc. (SEMR)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Oleg Shchegolev
Stock symbol
SEMR
Transactions as of
Jul 11, 2022
Transactions value $
-$483,834
Form type
4
Date filed
7/13/2022, 06:44 PM
Previous filing
Apr 5, 2022
Next filing
Jul 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEMR Class A Common Stock Sale -$350K -28.9K -1.26% $12.10 2.27M Jul 11, 2022 See Footnote F1, F2
transaction SEMR Class A Common Stock Sale -$134K -11.2K -0.49% $12.02 2.26M Jul 12, 2022 See Footnote F2, F3
* 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 $12.0000 to $12.8500, 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 These shares are owned by Shchegolev Holdings, LLC. The Oleg Shchegolev Irrevocable GST Trust of 2020 is the sole Member of Shchegolev Holdings, LLC. Concord Trust Company 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $12.0000 to $12.1600, 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 (3) 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, 2021.