Drayton Virkler - Sep 30, 2022 Form 4 Insider Report for Certara, Inc. (CERT)

Role: INTERIM PRESIDENT, REG & ACCES
Signature: /s/ Richard M. Traynor as attorney-in-fact for Drayton Virkler
Stock symbol: CERT
Transactions as of: Sep 30, 2022
Transactions value $: -$53,293
Form type: 4
Date filed: 10/4/2022, 05:05 PM
Previous filing: Sep 9, 2022
Next filing: Oct 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CERT	Common Stock	Options Exercise	$0	+10.6K		$0.00	10.6K	Sep 30, 2022	Direct	F1
transaction	CERT	Common Stock	Options Exercise	$0	+3.02K	+28.57%	$0.00	13.6K	Sep 30, 2022	Direct	F2
transaction	CERT	Common stock	Tax liability	-$53.3K	-4K	-29.45%	$13.31	9.59K	Sep 30, 2022	Direct	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CERT	Restricted Stock Units	Options Exercise	$0	-10.6K	-100%	$0.00^*	0	Sep 30, 2022	Common Stock	10.6K		Direct	F1
transaction	CERT	Restricted Stock Units	Options Exercise	$0	-3.02K	-33.33%	$0.00	6.04K	Sep 30, 2022	Common Stock	3.02K		Direct	F2
holding	CERT	Restricted Stock Units						12K	Sep 30, 2022	Common Stock	12K		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSUs") was granted under the Certara, Inc. 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent thereof. The RSUs were granted on October 1, 2021 and cliff vested and settled on September 30, 2022.
F2	Each RSU was granted under the Certara, Inc. 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent thereof. One-third of the RSUs vested and were settled on September 30, 2022. The remaining two-thirds of the RSUs are scheduled to vest and settle on October 1, 2023 and October 1, 2024, subject to the continued service of the reporting person.
F3	Represents RSUs of the reporting company withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1 and 2, exempt from Rule 16b-3.
F4	Each RSU was granted under the Certara, Inc. 2020 Incentive Plan and represents a right to receive one share of common stock or the cash equivalent thereof. The RSUs were granted on April 1, 2022 and will vest and settle in three equal installments on April 1, 2023, April 1, 2024, and April 1, 2025, subject to the continued service of the reporting person.