Edmonds Christopher Jon 4

4 · SmartRent, Inc. · Filed Aug 26, 2021

Form 4

Period: 2021-08-24

Chief Revenue Officer

Transactions

Award
Employee Stock Options (Right to Buy)
2021-08-24+429,280→ 429,280 total
Exercise: $0.47Exp: 2030-01-27→ Class A Common Stock (429,280 underlying)
Award
Restricted Stock Units
2021-08-24+1,099,025→ 1,099,025 total
→ Class A Common Stock (1,099,025 underlying)
Award
Restricted Stock Units
2021-08-24+11,683→ 11,683 total
→ Class A Common Stock (11,683 underlying)

Footnotes (5)

[F1]Pursuant to the business combination of Fifth Wall Acquisition Corp. I and SmartRent.com, Inc. ("Legacy SmartRent"), each share of Legacy SmartRent outstanding common and preferred stock and common stock underlying outstanding warrants was automatically converted into shares of the issuer's Class A Common Stock based on a 1-to-4.8846 exchange ratio (the "Exchange Ratio"). In addition, each outstanding Legacy SmartRent equity award was automatically converted into a corresponding equity award of the issuer based on the Exchange Ratio and with the same terms and vesting conditions as the Legacy SmartRent equity awards.
[F2]The stock option is currently vested and exercisable as to 160,980 shares, with the remaining shares vesting in 1/48 equal monthly installments until fully vested on January 28, 2024.
[F3]Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A Common Stock.
[F4]The restricted stock units shall vest as follows: one-fourth shall vest on April 19, 2022 with the remaining vesting in 1/48 equal monthly installments until vested in full.
[F5]The restricted stock units shall vest as follows: one-fourth shall vest on August 24, 2022, with the remaining vesting in 1/48 equal monthly installments until vested in full.

Documents

1 file