Christopher Jon Edmonds - 19 Apr 2022 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role
Chief Revenue Officer
Signature
/s/ Christopher Jon Edmonds
Issuer symbol
SMRT
Transactions as of
19 Apr 2022
Transactions value $
-$480,450
Form type
4
Filing time
20 Apr 2022, 17:17:10 UTC
Previous filing
20 Jan 2022
Next filing
09 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise $0 +275K +22429.14% $0.00 276K 19 Apr 2022 Direct F1, F2, F3
transaction SMRT Class A Common Stock Tax liability -$480K -96.7K -35.03% $4.97 179K 19 Apr 2022 Direct 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 SMRT Restricted Stock Units Options Exercise $0 -275K -25% $0.00 824K 19 Apr 2022 Class A Common Stock 275K $0.00 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired upon vesting of Restricted Stock Units.
F2 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.
F3 Includes 1,225 shares purchased pursuant to the SmartRent, Inc. 2021 Employee Stock Purchase Plan (ESPP).
F4 Represents withholding of shares to pay tax liability incident to the vesting of Restricted Stock Units.
F5 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.