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

Signature
/s/ Isaiah DeRose-Wilson
Issuer symbol
SMRT
Transactions as of
18 Jul 2023
Net transactions value
-$7,517
Form type
4
Filing time
19 Jul 2023, 16:07:15 UTC
Previous filing
26 Jun 2023
Next filing
24 Jul 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 +10% 11,906 18 Jul 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $1,187 -299 -2.5% $3.97 11,607 18 Jul 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +6,105 +53% 17,712 19 Jul 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $6,330 -1,640 -9.3% $3.86 16,072 19 Jul 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 -4.5% $0.000000 128,219 19 Jul 2023 Class A Common Stock 6,105 Direct F1, F2
transaction SMRT Restricted Stock Units Options Exercise $0 -1,111 -3.2% $0.000000 33,334 18 Jul 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.