Filing Details

Accession Number:
0001628280-23-010786
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-04-04 21:30:48
Reporting Period:
2023-04-01
Accepted Time:
2023-04-04 21:30:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1831840 Semrush Holdings Inc. SEMR Services-Prepackaged Software (7372) 844053265
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1849417 Oleg Shchegolev C/O Semrush Holdings, Inc.
800 Boylston Street, Suite 2475
Boston MA 02199
Chief Executive Officer Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2023-04-01 250,836 $0.00 4,094,532 No 4 A Direct
Class A Common Stock Disposition 2023-04-03 11,201 $9.83 4,083,331 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Employee Stock Option (Right to Buy) Acquisiton 2023-04-01 477,707 $0.00 477,707 $7.93
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
477,707 2033-04-01 No 4 A Direct
Footnotes
  1. 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, starting on April 1, 2024, at a rate of 6.25% of such RSUs each quarter.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 1, 2022 and represent the sale of shares necessary to meet tax withholding obligations as a result of vesting in restricted stock units on April 1, 2023. The sales do not represent a discretionary trade by the reporting person.
  3. 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.