Obishchenko Vitalii 4
4 · SEMrush Holdings, Inc. · Filed Mar 21, 2023
Insider Transaction Report
Form 4
Obishchenko Vitalii
Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-03-17+35,000→ 280,890 total - Sale
Class A Common Stock
2023-03-17$8.50/sh−35,000$297,500→ 245,890 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2023-03-17−35,000→ 387,100 totalExercise: $0.00Exp: 2027-01-26→ Class B Common Stock (35,000 underlying) - Award
Employee Stock Option (Right to Buy)
2023-03-17+35,000→ 35,000 totalExercise: $0.00From: 2020-10-01Exp: 2027-01-26→ Class A Common Stock (35,000 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2023-03-17−35,000→ 0 totalExercise: $0.00From: 2020-10-01Exp: 2027-01-26→ Class A Common Stock (35,000 underlying)
Footnotes (2)
- [F1]A portion of these shares represent restricted stock units (RSUs"). Each RSU represents a right to receive one share of the Issuer's Class A Common Stock upon vesting.
- [F2]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option with respect to the exercised shares. The original option was granted on January 26, 2017 and was exercisable for up to an aggregate total of 422,100 shares of Class B Common Stock, which shares fully vested as of February 1, 2021. The replacement option is exercisable for shares of Class A Common Stock for the number of shares exercised in this transaction.