Brendan Wallace - 24 Aug 2021 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
24 Aug 2021, 18:57:37 UTC
Prior SEC filing
10 Aug 2021
Next SEC filing
25 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brendan Wallace

Key filing fact

Brendan Wallace filed Form 4 for SmartRent, Inc. (SMRT) on 24 Aug 2021.

Key facts

  • This page summarizes Brendan Wallace's Form 4 filing for SmartRent, Inc. (SMRT).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 24 Aug 2021, 18:57.

Change

  • Previous filing in this sequence was filed on 10 Aug 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SMRT transaction

Class A common stock

Options Exercise

Transaction value
Shares
+8,481,000
Change %
+810%
Price
Shares after
9,528,500
Date
24 Aug 2021
Ownership
See Footnote
Footnotes
F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SMRT transaction Derivative

Class B common stock

Options Exercise

Transaction value
Shares
-8,481,000
Change %
-100%
Price
Shares after
0
Date
24 Aug 2021
Ownership
See Footnote
Underlying class
Class A common stock
Underlying amount
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Brendan Wallace is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

As described in the Issuer's registration statement on Form S-1 (File No. 333-252274), the shares of Class B common stock, par value $0.0001 per share ("Class B Common Stock"), of the Issuer will automatically convert into shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer at the time of the Issuer's initial business combination (the "Business Combination"), on a one-for-one basis.

Footnote F2

On August 24, 2021, Fifth Wall Acquisition Corp. I ("FWAA" and the former name of the Issuer) consummated the Business Combination with SmartRent.com, Inc. In connection with the Business Combination, each share of Class B Common Stock converted to one share of Class A Common Stock. The reporting person resigned as a director and as an officer of the Issuer upon consummation of the Business Combination.

Footnote F3

Fifth Wall Acquisition Sponsor, LLC, is the record holder of the shares reported herein. Fifth Wall Acquisition Sponsor, LLC is governed by two managers. Messrs. Andriy Mykhaylovskyy and Brendan Wallace have shared voting and investment power over the shares held by Fifth Wall Acquisition Sponsor, LLC, and disclaim beneficial ownership of the shares held by Fifth Wall Acquisition Sponsor, LLC except to the extent of their pecuniary interest therein.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .