Eugenie Levin - 21 Apr 2023 Form 4 Insider Report for SEMrush Holdings, Inc. (SEMR)

Role: President
Signature: /s/ Jared Fine, as attorney-in-fact
Issuer symbol: SEMR
Transactions as of: 21 Apr 2023
Net transactions value: $0
Form type: 4
Filing time: 25 Apr 2023, 16:28:23 UTC
Previous filing: 05 Apr 2023
Next filing: 07 Jul 2023
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	+100,334	+186%	$0.000000	154,419	21 Apr 2023	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	+191,082		$0.000000	191,082	21 Apr 2023	Class A Common Stock	191,082	$9.78	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, 2024, and the remainder shall vest in quarterly installments over a 36-month period thereafter, at a rate of 6.25% of such RSUs each quarter.
F2	25% of the stock option shall vest on the twelve (12) month anniversary of 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 options each month for the first 35 months and 2.5% of such options for the 36th month, subject to the Reporting Person's continuous employment with the Issuer on each such date.