| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SEMR | Class A Common Stock | Conversion of derivative security | $0 | +40K | +28.09% | $0.00 | 182K | Aug 30, 2022 | Direct | F1 |
| transaction | SEMR | Class A Common Stock | Sale | -$482K | -40K | -21.93% | $12.06 | 142K | Aug 30, 2022 | Direct | F1, F2 |
| 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) | Options Exercise | $0 | -40K | -4.58% | $0.00 | 833K | Aug 30, 2022 | Class B Common Stock | 40K | $1.23 | Direct | F3, F4 |
| transaction | SEMR | Class B Common Stock | Options Exercise | +40K | 40K | Aug 30, 2022 | Class A Common Stock | 40K | $0.00 | Direct | F5 | |||
| transaction | SEMR | Class B Common Stock | Conversion of derivative security | -40K | -100% | 0 | Aug 30, 2022 | Class A Common Stock | 40K | $0.00 | Direct | F5 |
| Id | Content |
|---|---|
| F1 | A portion of these shares represent restricted stock units ("RSUs"). Each RSU represents a right to receive one share of the Issuer's Class A Common Stock upon vesting. |
| F2 | 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 $12.3500, 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 ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4 |
| F3 | The stock option vests 25% on May 20, 2020 and the remainder vests in equal monthly installments, such that the option will be fully vested as of May 20, 2023, subject to the Reporting Person's continuous employment with the Issuer on each such date. |
| F4 | The number reported in Column 9 is the aggregate total of Employee Stock Option (Right to Buy) outstanding with an expiration date of May 20, 2029 (the "2019 Employee Stock Option"). The 2019 Employee Stock Option has been previously reported on two separate lines in this Table II for its incentive stock option portion and its non-qualified stock option portion, respectively. See Mr. Fetisov's Form 3 filed on March 24, 2021 and Form 4 filed on March 29, 2021. Given that the economic terms of these options are identical, they will be treated as the same class in this report and future reports. |
| F5 | The Class B common stock is convertible at any time at the option of the holder into Class A common stock on a one-to-one basis and will mandatorily convert into Class A common stock on the date that is seven years from the date of the prospectus used in connection with the IPO and upon the occurrence of certain other events as set forth in the Issuer's certificate of incorporation. |