Frederick Tuomi - May 13, 2024 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role
Director
Signature
/s/ Frederick Tuomi
Stock symbol
SMRT
Transactions as of
May 13, 2024
Transactions value $
$0
Form type
4
Date filed
5/14/2024, 07:18 PM
Previous filing
Mar 11, 2024
Next filing
Aug 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise +41.7K +14% 339K May 13, 2024 Direct F1, F2
holding SMRT Class A Common Stock 599K May 13, 2024 FCT Fund, Ltd.

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 -41.7K -100% $0.00* 0 May 13, 2024 Class A Common Stock 41.7K Direct F2, F3
transaction SMRT Restricted Stock Units Award $0 +53K $0.00 53K May 14, 2024 Class A Common Stock 53K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired upon vesting of RSUs
F2 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.
F3 The Restricted Stock Units vested in full on May 13, 2024.
F4 The RSUs shall vest in full upon the earlier of (i) May 14, 2025 or (ii) the date immediately prior to the Issuer's next annual meeting of stockholders.