Form 4 for SMRT SmartRent, Inc.
Accepted 2022-05-20 00:00:00 ET · period of report 2022-05-19 · accession 0001209191-22-031066 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-05-20 | 2022-05-19 | SMRT | DeRose-Wilson Isaiah | CTO | S - Sale+OE | $5.22 | -50.0K | 1,690 | -97% | -$261.0K |
| D | 2022-05-20 | 2022-05-19 | SMRT | DeRose-Wilson Isaiah | CTO | M - OptEx | $0.00 | +6,106 | 7,796 | +361% | $0 |
| D | 2022-05-20 | 2022-05-19 | SMRT | DeRose-Wilson Isaiah | CTO | F - Tax | $5.07 | -1,799 | 5,997 | -23% | -$9,121 |
| D | 2022-05-20 | 2022-05-19 | SMRT | DeRose-Wilson Isaiah | CTO | M - OptEx | $0.00 | -6,106 | 213.7K | -3% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-05-19 | S | D | 50,000 | $5.22 | 1,690 | D | — | — | (F1) $5.22 is the weighted average sale price. The shares were sold in various transactions through a broker at prices between $5.20 per share and $5.240 per share. |
| 2 | Common | Class A Common Stock | 2022-05-19 | M | A | 6,106 | $0.00 | 7,796 | D | — | — | (F2) Represents shares acquired upon vesting of Restricted Stock Units. (F3) 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. |
| 3 | Common | Class A Common Stock | 2022-05-19 | F | D | 1,799 | $5.07 | 5,997 | D | — | — | (F4) Represents withholding of shares to pay tax liability incident to the vesting of Restricted Stock Units. |
| 4 | Derivative | Restricted Stock Units | 2022-05-19 | M | D | 6,106 | $0.00 | 213,699 | D | $0.00 · — to — | 6,106 Class A Common Stock | (F3) 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. (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. |