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

Signature
/s/ Isaiah DeRose-Wilson
Issuer symbol
SMRT
Transactions as of
18 Jun 2023
Net transactions value
-$6,321
Form type
4
Filing time
20 Jun 2023, 16:20:23 UTC
Previous filing
16 Jun 2023
Next filing
26 Jun 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 +21% 6,450 18 Jun 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $975 -299 -4.6% $3.26 6,151 18 Jun 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +6,106 +99% 12,257 19 Jun 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $5,346 -1,640 -13% $3.26 10,617 19 Jun 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 -4.3% $0.000000 134,324 19 Jun 2023 Class A Common Stock 6,106 Direct F1, F2
transaction SMRT Restricted Stock Units Options Exercise $0 -1,111 -3.1% $0.000000 34,445 18 Jun 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.