Isaiah DeRose-Wilson - May 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
May 19, 2022
Transactions value $
-$270,121
Form type
4
Date filed
5/20/2022, 05:02 PM
Previous filing
May 9, 2022
Next filing
Jun 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Sale -$261K -50K -96.73% $5.22 1.69K May 19, 2022 Direct F1
transaction SMRT Class A Common Stock Options Exercise $0 +6.11K +361.3% $0.00 7.8K May 19, 2022 Direct F2, F3
transaction SMRT Class A Common Stock Tax liability -$9.12K -1.8K -23.08% $5.07 6K May 19, 2022 Direct F4

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 -6.11K -2.78% $0.00 214K May 19, 2022 Class A Common Stock 6.11K $0.00 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 $5.22 is the weighted average sale price. The shares were sold in various transactions through a broker at prices between $5.20 per share and $5.240 per share.
F2 Represents shares acquired upon vesting of Restricted Stock Units.
F3 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.
F4 Represents withholding of shares to pay tax liability incident to the vesting of Restricted Stock Units.
F5 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.