Daniel Kerzner - May 15, 2021 Form 4 Insider Report for Alarm.com Holdings, Inc. (ALRM)

Role: Chief Product Officer
Signature: /s/ Daniel Ramos, Attorney-in-Fact
Stock symbol: ALRM
Transactions as of: May 15, 2021
Transactions value $: -$151,297
Form type: 4
Date filed: 5/18/2021, 07:21 PM
Next filing: Nov 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALRM	Common Stock	Award	$0	+15K	+34.84%	$0.00	58.1K	May 15, 2021	Direct	F1, F2
transaction	ALRM	Common Stock	Sale	-$151K	-1.9K	-3.27%	$79.63	56.2K	May 17, 2021	Direct	F3

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	ALRM	Employee Stock Option (Right to Buy)	Award	$0	+15K		$0.00	15K	May 15, 2021	Common Stock	15K	$82.51	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This security represents restricted stock units (the "RSUs") granted under the Issuer's 2015 Equity Incentive Plan, as amended. Each RSU represents a contingent right to receive one share of common stock of the Issuer.
F2	The RSUs shall vest in five (5) equal annual installments beginning on May 15, 2022, such that the RSU shall be fully vested on May 15, 2026, subject to the Reporting Person's continued service with the Issuer through each such date.
F3	Represents the number of shares required to be sold by the Reporting Person to cover the tax withholding obligation in connection with the settlement of vested RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the Reporting Person to fund this tax withholding obligation by completing a "sell to cover" transaction with a brokerage firm designated by the Issuer. This sale does not represent a discretionary trade by the Reporting Person.
F4	This option shall vest and become exercisable in sixty (60) equal monthly installments on the 1st day of each calendar month beginning on June 1, 2021, subject to the Reporting Person's continued service with the Issuer through each such date.