Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SEMR | Class B Common Stock | Conversion of derivative security | $0 | -1.85M | -100% | $0.00* | 0 | Feb 24, 2023 | Class A Common Stock | 1.85M | $0.00 | Direct | F1 |
transaction | SEMR | Class B Common Stock | Conversion of derivative security | $0 | -10.5M | -58.76% | $0.00 | 7.39M | Feb 23, 2023 | Class A Common Stock | 10.5M | $0.00 | The Dmitry Melnikov Grantor Retained Annuity Trust - One | F1, F2 |
transaction | SEMR | Class B Common Stock | Conversion of derivative security | $0 | -1.76M | -100% | $0.00* | 0 | Feb 23, 2023 | Class A Common Stock | 1.76M | $0.00 | The Dmitry Melnikov Grantor Retained Annuity Trust - Three | F1, F3 |
Id | Content |
---|---|
F1 | 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 Issuer's initial public offering and upon the occurrence of certain other events as set forth in the Issuer's certificate of incorporation. The Class B Common Stock has no expiration date. |
F2 | These shares are owned by The Dmitry Melnikov Grantor Retained Annuity Trust - One, a trust for the benefit of the Reporting Person's children and of which the trustee is an independent institution. 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 | These shares are owned by The Dmitry Melnikov Grantor Retained Annuity Trust - Three, a trust for the benefit of the Reporting Person's children and of which the trustee is an independent institution. 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. |
EXHIBIT LIST: EX-24 Dmitry Melnikov Power of Attorney