Victor Coleman - Aug 24, 2021 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role
Former Director
Signature
/s/ Victor Coleman
Stock symbol
SMRT
Transactions as of
Aug 24, 2021
Transactions value $
$0
Form type
4
Date filed
8/24/2021, 06:58 PM
Previous filing
Jul 2, 2021
Next filing
Oct 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A common stock Options Exercise +36K 36K Aug 24, 2021 Direct F1, F2

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 Class B common stock Options Exercise -36K -100% 0 Aug 24, 2021 Class A common stock Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Victor Coleman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As described in the Issuer's registration statement on Form S-1 (File No. 333-252274), the shares of Class B common stock, par value $0.0001 per share ("Class B Common Stock"), of the Issuer will automatically convert into shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer at the time of the Issuer's initial business combination (the "Business Combination"), on a one-for-one basis.
F2 On August 24, 2021, Fifth Wall Acquisition Corp. I ("FWAA" and the former name of the Issuer) consummated the Business Combination with SmartRent.com, Inc. In connection with the Business Combination, each share of Class B Common Stock converted to one share of Class A Common Stock. The reporting person resigned as a director of the Issuer upon consummation of the Business Combination.