Isaiah DeRose-Wilson - 18 Feb 2024 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Signature
/s/ Isaiah DeRose-Wilson
Issuer symbol
SMRT
Transactions as of
18 Feb 2024
Net transactions value
-$9,063
Form type
4
Filing time
20 Feb 2024, 16:02:00 UTC
Previous filing
24 Jan 2024
Next filing
23 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 +1,111 +2.5% 45,223 18 Feb 2024 Direct F1
transaction SMRT Class A Common Stock Tax liability $1,395 -465 -1% $3.00 44,758 18 Feb 2024 Direct
transaction SMRT Class A Common Stock Options Exercise +6,106 +14% 50,864 19 Feb 2024 Direct F1
transaction SMRT Class A Common Stock Tax liability $7,668 -2,556 -5% $3.00 48,308 19 Feb 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 $0 -6,106 -6.7% $0.000000 85,479 19 Feb 2024 Class A Common Stock 6,106 Direct F1, F2
transaction SMRT Restricted Stock Units Options Exercise $0 -1,111 -4.2% $0.000000 25,556 18 Feb 2024 Class A Common Stock 1,111 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, par value $0.001 per share.
F2 The Restricted Stock Units vest as follows: one-fourth vested on April 19, 2022 with the remaining vesting in 1/48 equal monthly installments until vested in full.
F3 The Restricted Stock Units vest as follows: one-fourth vested on January 18, 2023 with the remaining vesting in 1/48 equal monthly installments until vested in full.