Daniel Kerzner - Feb 15, 2024 Form 4 Insider Report for Alarm.com Holdings, Inc. (ALRM)

Signature
/s/ Daniel Ramos, Attorney-in-Fact
Stock symbol
ALRM
Transactions as of
Feb 15, 2024
Transactions value $
-$1,874,141
Form type
4
Date filed
2/16/2024, 05:01 PM
Previous filing
May 24, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALRM Common Stock Options Exercise $116K +10K +13.2% $11.55 85.8K Feb 15, 2024 Direct
transaction ALRM Common Stock Sale -$1.41M -20.3K -23.67% $69.57 65.5K Feb 15, 2024 Direct F1, F2
transaction ALRM Common Stock Sale -$550K -7.75K -11.84% $70.97 57.7K Feb 15, 2024 Direct F1, F3
transaction ALRM Common Stock Sale -$27.3K -382 -0.66% $71.42 57.4K Feb 15, 2024 Direct F1, F4

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 ALRM Stock Option (Right to Buy) Options Exercise $0 -10K -100% $0.00* 0 Feb 15, 2024 Common Stock 10K $11.55 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These sales were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on 11/15/2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.31 - $70.305, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.325 - $71.32, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.38 - $71.43, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
F5 Immediately exercisable and fully vested.

Remarks:

President, Platforms Business