Eugenie Levin - Dec 22, 2021 Form 4 Insider Report for SEMrush Holdings, Inc. (SEMR)

Role
President
Signature
/s/ David Mason, as attorney-in-fact
Stock symbol
SEMR
Transactions as of
Dec 22, 2021
Transactions value $
$0
Form type
4
Date filed
11/14/2023, 04:32 PM
Previous filing
Dec 21, 2021
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEMR Class A Common Stock Conversion of derivative security $0 +10K +125% $0.00 18K Dec 22, 2021 Direct

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) Options Exercise $0 -10K -2.55% $0.00 381K Dec 22, 2021 Class B Common Stock 10K $1.23 Direct F1
transaction SEMR Class B Common Stock Options Exercise +10K +0.83% 1.22M Dec 22, 2021 Class A Common Stock 10K $0.00 Direct F2
transaction SEMR Class B Common Stock Conversion of derivative security -10K -0.82% 1.21M Dec 22, 2021 Class A Common Stock 10K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option vests in equal monthly installments, such that the option will be fully vested as of April 1, 2023, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F2 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.