Christopher Jon Edmonds - 24 Aug 2021 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
26 Aug 2021, 20:34:45 UTC
Next SEC filing
20 Jan 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christopher Jon Edmonds

Key filing fact

Christopher Jon Edmonds filed Form 4 for SmartRent, Inc. (SMRT) on 26 Aug 2021.

Key facts

  • This page summarizes Christopher Jon Edmonds's Form 4 filing for SmartRent, Inc. (SMRT).
  • 3 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 26 Aug 2021, 20:34.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SMRT transaction Derivative

Employee Stock Options (Right to Buy)

Award

Transaction value
$0
Shares
+429,280
Change %
Price
$0.000000
Shares after
429,280
Date
24 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
429,280
Exercise price
$0.4700
Footnotes
F1, F2
SMRT transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+1,099,025
Change %
Price
$0.000000
Shares after
1,099,025
Date
24 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,099,025
Exercise price
Footnotes
F1, F3, F4
SMRT transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+11,683
Change %
Price
$0.000000
Shares after
11,683
Date
24 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
11,683
Exercise price
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Pursuant to the business combination of Fifth Wall Acquisition Corp. I and SmartRent.com, Inc. ("Legacy SmartRent"), each share of Legacy SmartRent outstanding common and preferred stock and common stock underlying outstanding warrants was automatically converted into shares of the issuer's Class A Common Stock based on a 1-to-4.8846 exchange ratio (the "Exchange Ratio"). In addition, each outstanding Legacy SmartRent equity award was automatically converted into a corresponding equity award of the issuer based on the Exchange Ratio and with the same terms and vesting conditions as the Legacy SmartRent equity awards.

Footnote F2

The stock option is currently vested and exercisable as to 160,980 shares, with the remaining shares vesting in 1/48 equal monthly installments until fully vested on January 28, 2024.

Footnote F3

Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A Common Stock.

Footnote F4

The restricted stock units shall vest as follows: one-fourth shall vest on April 19, 2022 with the remaining vesting in 1/48 equal monthly installments until vested in full.

Footnote F5

The restricted stock units shall vest as follows: one-fourth shall vest on August 24, 2022, with the remaining vesting in 1/48 equal monthly installments until vested in full.

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