Filing Details

Accession Number:
0001628280-23-024575
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-07-07 17:22:19
Reporting Period:
2023-07-05
Accepted Time:
2023-07-07 17:22:19
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 Disposition 2023-07-05 2,529 $9.63 1,833,249 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 3,843,696 Indirect Shchegolev Holdings, LLC
Class A Common Stock 27,662,150 Indirect The Oleg Shchegolev Grantor Retained Annuity Trust I
Class A Common Stock 6,000,000 Indirect The Oleg Shchegolev Grantor Retained Annuity Trust II
Footnotes
  1. The sale reported in this Form 4 represents the sale of shares necessary to meet tax withholding obligations as a result of vesting of restricted stock units ("RSUs") on July 1, 2023. The sale does not represent a discretionary trade by the Reporting Person.
  2. A portion of these shares represent RSUs. Each RSU represents a right to receive one share of the Issuer's Class A Common Stock upon vesting.
  3. These shares are owned by Shchegolev Holdings, LLC. The Oleg Shchegolev Irrevocable GST Trust of 2020 is the sole Member of Shchegolev Holdings, LLC. IQ EQ Trust Company LLC is the trustee of The Oleg Shchegolev Irrevocable GST Trust of 2020. The Reporting Person disclaims Section 16 beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
  4. These shares are owned by The Oleg Shchegolev Grantor Retained Annuity Trust I, a trust for the benefit of certain members of the Reporting Person's family. The Reporting Person disclaims Section 16 beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.
  5. These shares are owned by The Oleg Shchegolev Grantor Retained Annuity Trust II, a trust for the benefit of certain members of the Reporting Person's family. The Reporting Person disclaims Section 16 beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.