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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
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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.