Daryl Stemm - Nov 15, 2023 Form 3 Insider Report for SmartRent, Inc. (SMRT)

Role
CFO
Signature
/s/ Daryl Stemm
Stock symbol
SMRT
Transactions as of
Nov 15, 2023
Transactions value $
$0
Form type
3
Date filed
11/20/2023, 04:03 PM
Next filing
Nov 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SMRT Class A Common Stock 35.4K Nov 15, 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
holding SMRT Employee Stock Option (Right to Buy) Nov 15, 2023 Class A Common Stock 153K $2.87 Direct F1
holding SMRT Restricted Stock Units Nov 15, 2023 Class A Common Stock 45.8K Direct F2, F3
holding SMRT Restricted Stock Units Nov 15, 2023 Class A Common Stock 22.5K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options shall vest as follows: twenty-five percent (25%) shall vest on the first anniversary of the grant date with the remainder vesting in three equal annual installments on January 24, 2025, January 24, 2026 and January 24, 2027.
F2 122,113 Restricted Stock Units ("RSUs") were granted on April 19, 2021. Out of the 112,113 RSUs initially granted, 76,320 RSUs have vested and the remaining RSUs shall 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 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.
F4 40,000 RSUs were granted on January 18, 2022. Out of the 40,000 RSUs initially granted, 17,500 RSUs have vested and the remaining RSUs shall vest as follows: one-fourth vested on January 18, 2023 with the remaining vesting in 1/48 equal monthly installments until vested in full.