4//SEC Filing
Karren Mitch 4
Accession 0000899243-21-034372
CIK 0001837014other
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 8:41 PM ET
Size
11.2 KB
Accession
0000899243-21-034372
Insider Transaction Report
Form 4
SmartRent, Inc.SMRT
Karren Mitch
Chief Product Officer
Transactions
- Award
Restricted Stock Units
2021-08-24+8,763→ 8,763 total→ Class A Common Stock (8,763 underlying) - Award
Restricted Stock Units
2021-08-24+293,073→ 293,073 total→ Class A Common Stock (293,073 underlying) - Award
Employee Stock Options (Right to Buy)
2021-08-24+1,421,613→ 1,421,613 totalExercise: $0.47Exp: 2029-08-17→ Class A Common Stock (1,421,613 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 1,362,379 shares, with the remaining shares vesting in 1/48 equal monthly installments until fully vested on October 23, 2021.
- [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
Issuer
SmartRent, Inc.
CIK 0001837014
Entity typeother
Related Parties
1- filerCIK 0001879289
Filing Metadata
- Form type
- 4
- Filed
- Aug 25, 8:00 PM ET
- Accepted
- Aug 26, 8:41 PM ET
- Size
- 11.2 KB