Bruce C. Strohm - Aug 24, 2021 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role
Director
Signature
/s/ Bruce C. Strohm
Stock symbol
SMRT
Transactions as of
Aug 24, 2021
Transactions value $
$0
Form type
4
Date filed
8/26/2021, 08:35 PM
Next filing
Sep 2, 2021

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 SMRT Restricted Stock Units Award $0 +20.7K $0.00 20.7K Aug 24, 2021 Class A Common Stock 20.7K Direct F1, F2
transaction SMRT Restricted Stock Units Award $0 +12.4K $0.00 12.4K Aug 24, 2021 Class A Common Stock 12.4K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A Common Stock.
F2 One-third of the restricted stock units vest on August 24, 2022, and one-third will vest on the 12-month anniversary thereof each year until vested in full.
F3 The restricted stock units will vest in full on the earlier of (a) August 24, 2022 or (b) the date immediately prior to the next annual meeting of the issuer's stockholders occurring after the date of grant.