Isaiah DeRose-Wilson - 17 Mar 2023 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role
Chief Technology Officer
Signature
/s/ Isaiah DeRose-Wilson
Issuer symbol
SMRT
Transactions as of
17 Mar 2023
Net transactions value
-$4,746
Form type
4
Filing time
20 Mar 2023, 16:06:37 UTC
Previous filing
24 Feb 2023
Next filing
27 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise +1,111 +1.9% 58,225 17 Mar 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $732 -310 -0.53% $2.36 57,915 17 Mar 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +6,106 +11% 64,021 17 Mar 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $4,014 -1,701 -2.7% $2.36 62,320 17 Mar 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 -6,106 -3.8% $0.000000 152,641 17 Mar 2023 Class A Common Stock 6,106 Direct F1, F2
transaction SMRT Restricted Stock Units Options Exercise $0 -1,111 -2.9% $0.000000 37,778 17 Mar 2023 Class A Common Stock 1,111 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 shall vest as follows: one-fourth shall vest on January 18, 2023 (the "Vesting Start Date"), with the remaining vesting in 1/48 equal installments on each monthly anniversary of the Vesting Start Date until vested in full, subject to continued employment.