4//SEC Filing
Best Robert T. 4
Accession 0000899243-21-034371
CIK 0001837014other
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 8:40 PM ET
Size
10.7 KB
Accession
0000899243-21-034371
Insider Transaction Report
Form 4
SmartRent, Inc.SMRT
Best Robert T.
Director
Transactions
- Award
Class A Common Stock
2021-08-24+4,596,222→ 4,596,222 total(indirect: By Trust) - Award
Restricted Stock Units
2021-08-24+20,661→ 20,661 total→ Class A Common Stock (20,661 underlying) - Award
Restricted Stock Units
2021-08-24+12,397→ 12,397 total→ Class A Common Stock (12,397 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]Mr. Best, as trustee, has voting and dispositive power over the trust assets and Mr. Best, Mrs. Sheri Best (wife), Colin Best (son), Ryan Best (son), Connor Best (son), and Cameron Doering (daughter) are the beneficiaries of the trust.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A Common Stock.
- [F4]One-third of the restricted stock units vest on August 24, 2022, and one-third will vest on the 12-month anniversary thereof each year until vested in full.
- [F5]The restricted stock units will vest in full on the earlier of (a) August 24, 2022 or (b) the date immediately prior to the next annual meeting of the issuer's stockholders occurring after the date of grant.
Documents
Issuer
SmartRent, Inc.
CIK 0001837014
Entity typeother
Related Parties
1- filerCIK 0001578516
Filing Metadata
- Form type
- 4
- Filed
- Aug 25, 8:00 PM ET
- Accepted
- Aug 26, 8:40 PM ET
- Size
- 10.7 KB