Lucas Merwan Haldeman - 19 Apr 2022 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Signature
/s/ Lucas Merwan Haldeman
Issuer symbol
SMRT
Transactions as of
19 Apr 2022
Net transactions value
-$185,167
Form type
4
Filing time
20 Apr 2022, 17:18:41 UTC
Previous filing
20 Jan 2022
Next filing
20 May 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 +122,114 +1.1% $0.000000 10,986,707 19 Apr 2022 Direct F1, F2
transaction SMRT Class A Common Stock Tax liability $185,167 -37,257 -0.34% $4.97 10,949,450 19 Apr 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 -122,114 -25% $0.000000 366,341 19 Apr 2022 Class A Common Stock 122,114 $0.000000 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.