Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Alarm.com Holdings, Inc. Director's Dealing 2020

Apr 4, 2020

31480_dirs_2020-04-03_8ed195e4-7806-451d-8ba9-005771688d2c.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Alarm.com Holdings, Inc. (ALRM)
CIK: 0001459200
Period of Report: 2020-04-01

Reporting Person: Kerzner Daniel (Chief Product Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-04-01 Common Stock A 15000 $0.00 Acquired 52106 Direct
2020-04-02 Common Stock S 1745 $37.12 Disposed 50361 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-04-01 Stock Option (Right to Buy) $37.94 A 15000 Acquired 2030-03-31 Common Stock (15000) Direct

Footnotes

F1: This security represents restricted stock units (the "RSUs") granted under the Issuer's 2015 Equity Incentive Plan, as amended. Each RSU represents a contingent right to receive one share of common stock of the Issuer.

F2: The RSUs shall vest in five (5) equal annual installments beginning on April 1, 2021, such that the RSU shall be fully vested on April 1, 2025, subject to the Reporting Person's continued service with the Issuer through each such date.

F3: Represents the number of shares required to be sold by the Reporting Person to cover the tax withholding obligation in connection with the settlement of vested RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the Reporting Person to fund this tax withholding obligation by completing a "sell to cover" transaction with a brokerage firm designated by the Issuer. This sale does not represent a discretionary trade by the Reporting Person.

F4: This option shall vest and become exercisable in sixty (60) equal monthly installments on the 1st day of each calendar month beginning on May 1, 2020, subject to the Reporting Person's continued service with the Issuer through each such date.