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

Signature
/s/ Lucas Merwan Haldeman
Stock symbol
SMRT
Transactions as of
Jun 18, 2023
Transactions value $
-$19,501
Form type
4
Date filed
6/20/2023, 04:40 PM
Previous filing
May 24, 2023
Next filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise +11.3K +0.1% 11.2M Jun 18, 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability -$9.86K -3.03K -0.03% $3.26 11.2M Jun 18, 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +10.2K +0.09% 11.2M Jun 19, 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability -$8.91K -2.73K -0.02% $3.26 11.2M Jun 19, 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +833 +7.22% 12.4K Jun 18, 2023 By Spouse F1
transaction SMRT Class A Common Stock Tax liability -$730 -224 -1.81% $3.26 12.1K Jun 18, 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 -10.2K -4% $0.00 244K Jun 19, 2023 Class A Common Stock 10.2K Direct F1, F2
transaction SMRT Restricted Stock Units Options Exercise $0 -11.3K -3.13% $0.00 349K Jun 18, 2023 Class A Common Stock 11.3K Direct F1, F3
transaction SMRT Restricted Stock Units Options Exercise $0 -833 -2.64% $0.00 30.8K Jun 18, 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.