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Fetisov Evgeny's Form 4/A amendment

Amended

SEMrush Holdings, Inc. (SEMR) · filed Oct 4, 2021

Accession no.
0001849376-21-000004
Filed
Oct 4, 2021
Trade date
May 10-Sep 29, 2021
Filing delay
147 days
Rule 10b5-1 plan
Not on the form (before 2023)
Original filed
Sep 29, 2021

This filing lists 7 non-derivative transactions and 1 derivative transaction. It carries over 12 transactions from the original filing that it did not restate. Open-market sales total $1.46M. It was filed 147 days after the trade.

This amendment restates part of 0001849376-21-000003 (filed Sep 29, 2021). The transactions it did not restate still count and are listed below.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Fetisov EvgenyCIK 0001849376Officer (Chief Financial Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
May 10, 2021Class A Common StockCConversionAcquired+81,102$0.00$081,102Direct
Sep 27, 2021Class A Common StockSSaleDisposed−21,571$25.52F1−$550,491.9259,531Direct
Sep 27, 2021Class A Common StockSSaleDisposed−700$26.11F2−$18,27758,831Direct
Sep 27, 2021Class A Common StockSSaleDisposed−200$27.37F3−$5,47458,631Direct
Sep 28, 2021Class A Common StockSSaleDisposed−30,029$24.09F4−$723,398.6128,602Direct
Sep 28, 2021Class A Common StockSSaleDisposed−200$25.03F5−$5,00628,402Direct
Sep 29, 2021Class A Common StockSSaleDisposed−6,300$24.55F6−$154,66522,102Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
May 10, 2021Class A Common StockCConversionDisposed−81,102–F7–0Direct

Carried over from the original filing

This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.

From 0001849376-21-000003 (filed Sep 29, 2021).

Non-derivative securities (Table I)

Non-derivative transactions carried over from 0001849376-21-000003
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Sep 27, 2021Class A Common StockCConversionAcquired+22,471$0.00$022,471Direct
Sep 28, 2021Class A Common StockCConversionAcquired+30,229$0.00$030,229Direct
Sep 29, 2021Class A Common StockCConversionAcquired+6,300$0.00$06,300Direct

Derivative securities (Table II)

Derivative transactions carried over from 0001849376-21-000003
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Sep 27, 2021Class B Common StockMOption exerciseDisposed−22,471$0.00$0688,121Direct
Sep 27, 2021Class A Common StockMOption exerciseAcquired+22,471–F8–22,471Direct
Sep 27, 2021Class A Common StockCConversionDisposed−22,471–F8–0Direct
Sep 28, 2021Class B Common StockMOption exerciseDisposed−30,229$0.00$0657,892Direct
Sep 28, 2021Class A Common StockMOption exerciseAcquired+30,229–F8–30,229Direct
Sep 28, 2021Class A Common StockCConversionDisposed−30,229–F8–0Direct
Sep 29, 2021Class B Common StockMOption exerciseDisposed−6,300$0.00$0651,592Direct
Sep 29, 2021Class A Common StockMOption exerciseAcquired+6,300–F8–6,300Direct
Sep 29, 2021Class A Common StockCConversionDisposed−6,300–F8–0Direct

Footnotes on the original

The footnotes that the prices of these transactions refer to on the original filing.

F8

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.

Referenced by the price of 6 transactions in Table II.

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $25.02 to $26.00, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4

Referenced by the price of 1 transaction in Table I.

F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $26.03 to $26.26, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4

Referenced by the price of 1 transaction in Table I.

F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $27.11 to $27.62, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $23.65 to $24.34, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.

Referenced by the price of 1 transaction in Table I.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $25.00 to $25.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (5) to this Form 4.

Referenced by the price of 1 transaction in Table I.

F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions in prices ranging from $24.00 to $25.99, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (8) to this Form 4.

Referenced by the price of 1 transaction in Table I.

F7

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.

Referenced by the price of 1 transaction in Table II.

Remarks

The reporting person inadvertently did not report the May 10, 2021 conversion of 81,102 shares of Class B common stock to Class A common stock. Accordingly, each filing previously made for the reporting person after May 10, 2021 should be read to include an additional 81,102 shares of Class A common stock as held directly by the reporting person in column 5 of Table I. On September 29, 2021, the Reporting person filed a Form 4 which erroneously included an exercise of options and conversion of shares of Class B common stock to Class A common stock on each of September 27, 2021, September 28, 2021 and September 29, 2021, and the subsequent sale of such shares. This Form 4/A has been filed to report that the exercise of options and related conversion of shares of Class B common stock did not occur. This Form 4/A shows the six sales of Class A shares that did occur on such dates. On September 29, 2021, the Reporting Person filed a Form 4 which, due to a scrivener's error, stated the price in Box 4 of Table 1 for 21,571 shares of common stock sold on September, 27, 2021 as $21.571 per share. This has been corrected to show the correct per share price of $25.5171.

Read the full filing on SEC EDGAR (opens in a new tab)