Oleg Shchegolev - May 16, 2023 Form 4 Insider Report for SEMrush Holdings, Inc. (SEMR)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ David Mason, Attorney-in-Fact
Stock symbol
SEMR
Transactions as of
May 16, 2023
Transactions value $
-$4,535,712
Form type
4
Date filed
5/18/2023, 04:34 PM
Previous filing
Apr 4, 2023
Next filing
Jul 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEMR Class A Common Stock Sale -$4.54M -567K -23.6% $8.00 1.84M May 16, 2023 Direct F1, 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 $8.00 to $8.605, 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 this footnote to this Form 4.
F2 In the Form 4 filed by the reporting person on April 4, 2023, the amount reported in Column 5 on Table I was incorrect due to an inadvertent administrative error. The current amount of Class A Common Stock the reporting person directly owns is correctly reported in this Form 4.
F3 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.