Isaiah DeRose-Wilson - 18 Jan 2023 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Signature
/s/ Isaiah DeRose-Wilson
Issuer symbol
SMRT
Transactions as of
18 Jan 2023
Net transactions value
-$18,482
Form type
4
Filing time
20 Jan 2023, 15:09:16 UTC
Previous filing
27 Dec 2022
Next filing
25 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise +13,333 +34% 52,225 18 Jan 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $12,604 -4,634 -8.9% $2.72 47,591 18 Jan 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +6,105 +13% 53,696 19 Jan 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $5,878 -2,122 -4% $2.77 51,574 19 Jan 2023 Direct

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 -6,105 -3.6% $0.000000 164,853 19 Jan 2023 Class A Common Stock 6,105 Direct F1, F2
transaction SMRT Restricted Stock Units Options Exercise $0 -13,333 -25% $0.000000 40,000 18 Jan 2023 Class A Common Stock 13,333 Direct F1, 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 vest as follows: one-fourth vested on April 19, 2022 with the remaining vesting in 1/48 equal monthly installments until vested in full.
F3 The Restricted Stock Units vest as follows: one-fourth vested on January 18, 2023 with the remaining vesting in 1/48 equal monthly installments until vested in full.