Daryl Stemm - 18 Dec 2023 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role
CFO
Signature
/s/ Daryl Stemm
Issuer symbol
SMRT
Transactions as of
18 Dec 2023
Net transactions value
-$4,581
Form type
4
Filing time
19 Dec 2023, 16:08:33 UTC
Previous filing
20 Nov 2023
Next filing
19 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise +833 +2.2% 38,197 18 Dec 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $1,131 -349 -0.91% $3.24 37,848 18 Dec 2023 Direct
transaction SMRT Class A Common Stock Options Exercise +2,544 +6.7% 40,392 19 Dec 2023 Direct F1
transaction SMRT Class A Common Stock Tax liability $3,451 -1,065 -2.6% $3.24 39,327 19 Dec 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 -2,544 -5.9% $0.000000 40,705 19 Dec 2023 Class A Common Stock 2,544 Direct F1, F2
transaction SMRT Restricted Stock Units Options Exercise $0 -833 -3.8% $0.000000 20,834 18 Dec 2023 Class A Common Stock 833 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.