Alana Beard - Aug 24, 2021 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role
Director
Signature
/s/ Alana Beard
Stock symbol
SMRT
Transactions as of
Aug 24, 2021
Transactions value $
$0
Form type
4
Date filed
8/26/2021, 08:35 PM
Previous filing
May 24, 2021
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise +36K 36K Aug 24, 2021 Direct F1

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 Class B Common Stock Options Exercise -36K -100% 0 Aug 24, 2021 Class A Common Stock 36K Direct F1
transaction SMRT Restricted Stock Units Award $0 +20.7K $0.00 20.7K Aug 24, 2021 Class A Common Stock 20.7K Direct F2, F3
transaction SMRT Restricted Stock Units Award $0 +12.4K $0.00 12.4K Aug 24, 2021 Class A Common Stock 12.4K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The issuer's shares of Class B Common Stock, par value $0.0001 per share, were automatically converted into the Issuer's shares of Class A Common Stock, par value $0.0001 per share, on a one-for-one basis upon closing of the business combination of Fifth Wall Acquisition Corp. I and SmartRent.com, Inc.
F2 Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A Common Stock
F3 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.
F4 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.