Lucas Merwan Haldeman - 18 Jun 2023 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Signature
/s/ Lucas Merwan Haldeman
Issuer symbol
SMRT
Transactions as of
18 Jun 2023
Net transactions value
-$19,501
Form type
4
Filing time
20 Jun 2023, 16:40:17 UTC
Previous filing
24 May 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 +11,264 +0.1% 11,222,239 18 Jun 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $9,862 -3,025 -0.03% $3.26 11,219,214 18 Jun 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +10,177 +0.09% 11,229,391 19 Jun 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $8,910 -2,733 -0.02% $3.26 11,226,658 19 Jun 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +833 +7.2% 12,373 18 Jun 2023 By Spouse F1
transaction SMRT Class A Common Stock Tax liability $730 -224 -1.8% $3.26 12,149 18 Jun 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 -10,177 -4% $0.000000 244,227 19 Jun 2023 Class A Common Stock 10,177 Direct F1, F2
transaction SMRT Restricted Stock Units Options Exercise $0 -11,264 -3.1% $0.000000 349,181 18 Jun 2023 Class A Common Stock 11,264 Direct F1, F3
transaction SMRT Restricted Stock Units Options Exercise $0 -833 -2.6% $0.000000 30,763 18 Jun 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.