Obishchenko Vitalii 4
4 · SEMrush Holdings, Inc. · Filed Apr 25, 2023
Insider Transaction Report
Form 4
Obishchenko Vitalii
Chief Operating Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2023-04-21+191,082→ 191,082 totalExercise: $9.78Exp: 2033-04-21→ Class A Common Stock (191,082 underlying) - Award
Class A Common Stock
2023-04-21+100,334→ 346,224 total
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, 2024, and the remainder shall vest in quarterly installments over a 36-month period thereafter, at a rate of 6.25% of such RSUs each quarter.
- [F2]25% of the stock option shall vest on the twelve (12) month anniversary of 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 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.