Lucas Merwan Haldeman - 17 Mar 2023 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role
Chief Executive Officer, Director
Signature
/s/ Lucas Merwan Haldeman
Issuer symbol
SMRT
Transactions as of
17 Mar 2023
Net transactions value
-$14,750
Form type
4
Filing time
20 Mar 2023, 16:08:17 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 +11,264 +0.1% 11,172,547 17 Mar 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $7,406 -3,138 -0.03% $2.36 11,169,409 17 Mar 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +10,176 +0.09% 11,179,585 17 Mar 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $6,691 -2,835 -0.03% $2.36 11,176,750 17 Mar 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +833 +8.9% 10,213 17 Mar 2023 By Spouse F1
transaction SMRT Class A Common Stock Tax liability $654 -277 -2.7% $2.36 9,936 17 Mar 2023 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 -10,176 -3.8% $0.000000 254,404 17 Mar 2023 Class A Common Stock 10,176 Direct F1, F2
transaction SMRT Restricted Stock Units Options Exercise $0 -11,264 -2.9% $0.000000 382,973 17 Mar 2023 Class A Common Stock 11,264 Direct F1, F3
transaction SMRT Restricted Stock Units Options Exercise $0 -833 -2.4% $0.000000 33,811 17 Mar 2023 Class A Common Stock 833 By Spouse 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.