Mason David W 4
4 · SEMrush Holdings, Inc. · Filed Nov 3, 2022
Insider Transaction Report
Form 4
Mason David W
Chief Legal Officer
Transactions
- Award
Class A Common Stock
2022-11-01+83,963→ 83,963 total - Award
Employee Stock Option (Right to Buy)
2022-11-01+144,717→ 144,717 totalExercise: $11.91Exp: 2032-11-01→ Class A Common Stock (144,717 underlying)
Footnotes (2)
- [F1]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 November 1, 2023, and the remainder shall vest in quarterly installments over a 36-month period thereafter, starting on February 1, 2024, at a rate of 6.25% of such RSUs each quarter.
- [F2]25% of the shares underlying this option shall vest on November 1, 2023, and the remainder shall vest in monthly installments over a 36-month period thereafter, at a rate of 2.07% of such shares each month for the first 35 months and 2.5% of such shares for the 36th month, subject to the Reporting Person's continuous employment with the Issuer on each such date.