Schemick Michael Andrew 4
4 · Certara, Inc. · Filed Apr 3, 2023
Insider Transaction Report
Form 4
Certara, Inc.CERT
Schemick Michael Andrew
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2023-03-31$23.80/sh−3,721$88,560→ 514,149 total - Exercise/Conversion
Common Stock
2023-03-31+13,302→ 527,451 total - Tax Payment
Common Stock
2023-03-31$23.80/sh−4,556$108,433→ 522,895 total - Exercise/Conversion
Restricted Stock Units
2023-03-31−13,302→ 26,604 totalExp: 2025-04-01→ Common Stock (13,302 underlying)
Footnotes (4)
- [F1]Represents restricted stock units ("RSUs") withheld to satisfy the tax withholding obligations in connection with the vesting and settlement of RSUs, exempt under Rule 16b-3. Each RSUs was granted on April 1, 2021, under the Certara, Inc. 2020 Incentive Plan (the "2020 Incentive Plan") and represents a right to receive one share of common stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on April 1, 2022. One-third of the RSUs vested and were on March 31, 2023. The remaining one-third of the RSUs are scheduled to vest and settle on April 1, 2024.
- [F2]The total reported in Column 5 includes 11,600 RSUs which was previously reported in Table 1 of Form 4.
- [F3]Each RSU was granted on April 1, 2022, under the 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on March 31, 2023. The remaining two-thirds of the RSUs are scheduled to vest and settle in two equal installments on April 1, 2024, and April 1, 2025.
- [F4]Represents RSUs withheld to satisfy the tax withholding obligations in connection with the vesting and settlement of RSUs, exempt under Rule 16b-3.