Mulroy Brian 4
4 · SEMrush Holdings, Inc. · Filed May 8, 2023
Insider Transaction Report
Form 4
Mulroy Brian
Chief Financial Officer
Transactions
- Award
Class A Common Stock
2023-05-04+134,989→ 307,775 total - Award
Class A Common Stock
2023-05-04+172,786→ 172,786 total - Award
Stock Option (Right to Buy)
2023-05-04+222,816→ 222,816 totalExercise: $9.26Exp: 2033-05-04→ Class A Common Stock (222,816 underlying)
Footnotes (3)
- [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. 100% of the RSUs shall vest on April 10, 2024.
- [F2]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 10, 2024, and the remainder shall vest in quarterly installments over a 36-month period thereafter, starting on April 10, 2024, at a rate of 6.25% of such RSUs each quarter.
- [F3]25% of the stock option shall vest on the twelve (12) month anniversary of April 10, 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.