Isaiah DeRose-Wilson - Apr 19, 2022 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role
Chief Technology Officer
Signature
/s/ Isaiah DeRose-Wilson
Stock symbol
SMRT
Transactions as of
Apr 19, 2022
Transactions value $
-$109,534
Form type
4
Date filed
4/20/2022, 05:15 PM
Previous filing
Jan 20, 2022
Next filing
May 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise $0 +73.3K $0.00 73.3K Apr 19, 2022 Direct F1, F2
transaction SMRT Class A Common Stock Tax liability -$110K -22K -30.08% $4.97 51.2K Apr 19, 2022 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 SMRT Restricted Stock Units Options Exercise $0 -73.3K -25% $0.00 220K Apr 19, 2022 Class A Common Stock 73.3K $0.00 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 Restricted Stock Units.
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 Represents withholding of shares to pay tax liability incident to the vesting of Restricted Stock Units.
F4 The Restricted Stock Units vest as follows: one-fourth vested on April 19, 2022 with the remaining vesting in 1/48 equal monthly installments until vested in full.