SHERMAN NICOLETTE D 4
4 · Certara, Inc. · Filed Apr 3, 2023
Insider Transaction Report
Form 4
Certara, Inc.CERT
SHERMAN NICOLETTE D
CHIEF HUMAN RESOURCES OFFICER
Transactions
- Tax Payment
Common Stock
2023-03-31$23.80/sh−1,251$29,774→ 15,547 total - Exercise/Conversion
Common Stock
2023-03-31+3,990→ 16,798 total - Exercise/Conversion
Restricted Stock Units
2023-04-01+12,684→ 12,684 totalExp: 2026-04-01→ Common Stock (12,684 underlying) - Exercise/Conversion
Restricted Stock Units
2023-03-31−3,990→ 7,982 totalExp: 2025-04-01→ Common Stock (3,990 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") was granted on April 1, 2022, under the Certara, Inc. 2020 Incentive Plan ("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.
- [F2]The total reported in Column 5 includes 6,738 RSUs which was previously reported in Table 1 of Form 4.
- [F3]Represents RSUs withheld to satisfy the tax withholding obligations in connection with the vesting and settlement of RSUs, exempt under Rule 16b-3.
- [F4]Each RSU was granted on April 1, 2023, under the 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent thereof. The RSUs will vest and settle in three equal installments on April 1, 2024, April 1, 2025, and April 1, 2026.