Kristen Morse Lee - Apr 5, 2024 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Signature
/s/ Kristen Morse Lee
Stock symbol
SMRT
Transactions as of
Apr 5, 2024
Transactions value $
-$24,499
Form type
4
Date filed
4/8/2024, 04:11 PM
Previous filing
Mar 19, 2024
Next filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise +22.9K +120.77% 41.8K Apr 5, 2024 Direct F1
transaction SMRT Class A Common Stock Tax liability -$24.5K -9.57K -22.9% $2.56 32.2K Apr 5, 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 -22.9K -25% $0.00 68.6K Apr 5, 2024 Class A Common Stock 22.9K 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 Unit vests as follows: one-fourth vested on April 5, 2024 with the remaining vesting in 3 equal annual installments until vested in full.