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SEMrush Holdings, Inc. — Director's Dealing 2021
Mar 30, 2021
32167_dirs_2021-03-29_44dd29f3-e0b9-4977-bdf0-661c08221663.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SEMrush Holdings, Inc. (SEMR)
CIK: 0001831840
Period of Report: 2021-03-29
Reporting Person: Vranesh Mark (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-29 | Common Stock | J | 123300 | — | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-29 | Stock Option (Right to Buy) | $0.79 | J | 110700 | Disposed | 2027-11-20 | Common Stock (110700.0) | Direct |
| 2021-03-29 | Employee Stock Option (Right to Buy) | $3.39 | J | 60000 | Disposed | 2030-12-01 | Common Stock (60000.0) | Direct |
| 2021-03-29 | Employee Stock Option (Right to Buy) | $0.79 | J | 110700 | Acquired | 2027-11-20 | Class B Common Stock (110700.0) | Direct |
| 2021-03-29 | Employee Stock Option (Right to Buy) | $3.39 | J | 60000 | Acquired | 2030-12-01 | Class B Common Stock (60000.0) | Direct |
| 2021-03-29 | Class B Common Stock | $ | J | 123300 | Acquired | Class A Common Stock (123300.0) | Direct |
Footnotes
F1: The Class B common stock is convertible at any time at the option of the holder into Class A common stock on a one-to-one basis and will mandatorily convert into Class A common stock on the date that is seven years from the date of the prospectus used in connection with the IPO and upon the occurrence of certain other events as set forth in the Issuer's certificate of incorporation.
F2: Immediately prior to the closing of the Issuer's initial public offering and following the conversion of each series of the Issuer's Preferred Stock into Common Stock, each share of Common Stock will be reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
F3: The stock option fully vests on November 20, 2020.
F4: The stock option vests 33% on December 1, 2021 and the remainder vests in equal monthly installments, such that the option will be fully vested as of December 1, 2023, subject to the Reporting Person's continuous employment with the Issuer on each such date.