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

Signature
/s/ Daniel Ramos
Issuer symbol
ALRM
Transactions as of
15 May 2021
Net transactions value
-$132,106
Form type
4
Filing time
18 May 2021, 19:23:12 UTC
Next filing
14 Jun 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRM Common Stock Award $0 +12,500 +38% $0.000000 45,790 15 May 2021 Direct F1, F2
transaction ALRM Common Stock Sale $132,106 -1,659 -3.6% $79.63 44,131 17 May 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 +12,500 $0.000000 12,500 15 May 2021 Common Stock 12,500 $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 RSUs 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.