Isaiah DeRose-Wilson - 24 Aug 2022 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Signature
/s/ Isaiah DeRose-Wilson
Issuer symbol
SMRT
Transactions as of
24 Aug 2022
Net transactions value
-$2,996
Form type
4
Filing time
25 Aug 2022, 19:21:00 UTC
Previous filing
22 Aug 2022
Next filing
20 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Options Exercise +2,921 +15% 21,839 24 Aug 2022 Direct F1
transaction SMRT Class A Common Stock Tax liability $2,996 -861 -3.9% $3.48 20,978 24 Aug 2022 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 -2,921 -25% $0.000000 8,762 24 Aug 2022 Class A Common Stock 2,921 Direct F1, F2
* 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 August 24, 2022 with the remaining vesting in 36 equal monthly installments until vested in full.