Brian M. Roberts - 03 Jan 2022 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role
Chief Legal Officer
Signature
/s/ Brian M. Roberts
Issuer symbol
SMRT
Transactions as of
03 Jan 2022
Net transactions value
$0
Form type
4
Filing time
05 Jan 2022, 09:51:52 UTC
Next filing
03 Jan 2023
SEC
View on sec.gov

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 Award $0 +41,754 $0.000000 41,754 03 Jan 2022 Class A Common Stock 41,754 Direct F1, F2
transaction SMRT Employee Stock Option (Right to Buy) Award $0 +175,000 $0.000000 175,000 03 Jan 2022 Class A Common Stock 175,000 $9.58 Direct F3
* 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 units shall vest as follows: one-fourth shall vest on January 3, 2023, with the remaining vesting in 1/48 equal monthly installments until vested in full.
F3 The stock options shall vest as follows: one-fourth of shall vest and become exercisable on January 23, 2023, with the remaining shares vesting in equal monthly installments until vested in full.