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

Signature
/s/ Isaiah DeRose-Wilson
Issuer symbol
SMRT
Transactions as of
18 Apr 2023
Net transactions value
-$5,062
Form type
4
Filing time
19 Apr 2023, 16:11:08 UTC
Previous filing
27 Mar 2023
Next filing
24 Apr 2023

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 +1.8% 63,607 18 Apr 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $775 -310 -0.49% $2.50 63,297 18 Apr 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +6,105 +9.6% 69,402 19 Apr 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $4,287 -1,701 -2.5% $2.52 67,701 19 Apr 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 -4% $0.000000 146,536 19 Apr 2023 Class A Common Stock 6,105 Direct F1, F2
transaction SMRT Restricted Stock Units Options Exercise $0 -1,111 -2.9% $0.000000 36,667 18 Apr 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 vest as follows: one-fourth vested on January 18, 2023 with the remaining vesting in 1/48 equal monthly installments until vested in full.