Kristen Morse Lee - Jan 24, 2024 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Signature
/s/ Kristen Morse Lee
Stock symbol
SMRT
Transactions as of
Jan 24, 2024
Transactions value $
-$20,701
Form type
4
Date filed
1/24/2024, 04:44 PM
Previous filing
Feb 13, 2024
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise +13.1K +113.18% 24.6K Jan 24, 2024 Direct F1
transaction SMRT Class A Common Stock Tax liability -$20.7K -6.16K -25.03% $3.36 18.4K Jan 24, 2024 Direct

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 Options Exercise -13.1K -25% 39.2K Jan 24, 2024 Class A Common Stock 13.1K Direct F1, F2
* 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, par value $0.001 per share.
F2 The Restricted Stock Units vest as follows: one-fourth vested on January 24, 2024 with the remaining vesting in equal annual installments until vested in full.