Filing Details
- Accession Number:
- 0001628280-23-010786
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-04-04 21:30:48
- Reporting Period:
- 2023-04-01
- Accepted Time:
- 2023-04-04 21:30:48
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1831840 | Semrush Holdings Inc. | SEMR | Services-Prepackaged Software (7372) | 844053265 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1849417 | Oleg Shchegolev | C/O Semrush Holdings, Inc. 800 Boylston Street, Suite 2475 Boston MA 02199 | Chief Executive Officer | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2023-04-01 | 250,836 | $0.00 | 4,094,532 | No | 4 | A | Direct | |
Class A Common Stock | Disposition | 2023-04-03 | 11,201 | $9.83 | 4,083,331 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Employee Stock Option (Right to Buy) | Acquisiton | 2023-04-01 | 477,707 | $0.00 | 477,707 | $7.93 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
477,707 | 2033-04-01 | No | 4 | A | Direct |
Footnotes
- 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, starting on April 1, 2024, at a rate of 6.25% of such RSUs each quarter.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 1, 2022 and represent the sale of shares necessary to meet tax withholding obligations as a result of vesting in restricted stock units on April 1, 2023. The sales do not represent a discretionary trade by the reporting person.
- 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.