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

Signature
/s/ Kristen Morse Lee
Issuer symbol
SMRT
Transactions as of
24 Jan 2024
Net transactions value
-$20,701
Form type
4
Filing time
24 Jan 2024, 16:44:36 UTC
Previous filing
13 Feb 2024
Next filing
20 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise +13,066 +113% 24,610 24 Jan 2024 Direct F1
transaction SMRT Class A Common Stock Tax liability $20,701 -6,161 -25% $3.36 18,449 24 Jan 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 -13,066 -25% 39,199 24 Jan 2024 Class A Common Stock 13,066 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.