Lucas Merwan Haldeman - Aug 24, 2022 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Signature
/s/ Lucas Merwan Haldeman
Stock symbol
SMRT
Transactions as of
Aug 24, 2022
Transactions value $
-$49,193
Form type
4
Date filed
8/25/2022, 07:23 PM
Previous filing
Aug 22, 2022
Next filing
Sep 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise +18.3K +0.17% 11M Aug 24, 2022 Direct F1
transaction SMRT Class A Common Stock Tax liability -$18.7K -5.38K -0.05% $3.48 11M Aug 24, 2022 Direct
transaction SMRT Class A Common Stock Options Exercise +27.5K +0.25% 11M Aug 24, 2022 Direct F1
transaction SMRT Class A Common Stock Tax liability -$28.2K -8.11K -0.07% $3.48 11M Aug 24, 2022 Direct
transaction SMRT Class A Common Stock Options Exercise +2.19K +0.02% 11M Aug 24, 2022 By Spouse F1
transaction SMRT Class A Common Stock Tax liability -$2.25K -646 -0.01% $3.48 11M Aug 24, 2022 By Spouse

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 -18.3K -25% $0.00 54.8K Aug 24, 2022 Class A Common Stock 18.3K Direct F1, F2
transaction SMRT Restricted Stock Units Options Exercise $0 -27.5K -33.33% $0.00 55.1K Aug 24, 2022 Class A Common Stock 27.5K Direct F1, F3
transaction SMRT Restricted Stock Units Options Exercise $0 -2.19K -4.49% $0.00 46.6K Aug 24, 2022 Class A Common Stock 2.19K By Spouse F1, F2
* 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 vest as follows: one-fourth vested on August 24, 2022 with the remaining vesting in 36 equal monthly installments until vested in full.
F3 On August 24, 2021, the reporting person was granted 82,645 Restricted Stock Units, vesting in three equal annual installments beginning on the first anniversary of the grant date.