Humenik Delbert M 4
4 · SEMrush Holdings, Inc. · Filed Apr 5, 2022
Insider Transaction Report
Form 4
Humenik Delbert M
Chief Revenue Officer
Transactions
- Award
Class A Common Stock
2022-04-01+50,167→ 97,115 total - Award
Employee Stock Option (Right to Buy)
2022-04-01+95,541→ 95,541 totalExercise: $11.96Exp: 2032-04-01→ Class A Common Stock (95,541 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 April 1, 2023, and the remainder shall vest in quarterly installments over a 36-month period thereafter, starting on July 1, 2023, at a rate of 6.25% of such RSUs each quarter.
- [F2]25% of the shares underlying this option shall vest on April 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.