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SmartRent, Inc. — Director's Dealing 2021
Aug 25, 2021
33316_dirs_2021-08-24_58a56de2-5f9c-49ea-85c5-5607bf5c8669.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SmartRent, Inc. (FWAA)
CIK: 0001837014
Period of Report: 2021-08-24
Reporting Person: Fifth Wall Acquisition Sponsor, LLC (Former 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-24 | Class A common stock | M | 8481000 | — | Acquired | 9528500 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-24 | Class B common stock | $ | M | 8481000 | Disposed | Class A common stock () | Direct |
Footnotes
F1: As described in the Issuer's registration statement on Form S-1 (File No. 333-252274), the shares of Class B common stock, par value $0.0001 per share ("Class B Common Stock"), of the Issuer will automatically convert into shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer at the time of the Issuer's initial business combination (the "Business Combination"), on a one-for-one basis.
F2: On August 24, 2021, Fifth Wall Acquisition Corp. I ("FWAA" and the former name of the Issuer) consummated the Business Combination with SmartRent.com, Inc. In connection with the Business Combination, each share of Class B Common Stock converted to one share of Class A Common Stock.
F3: Fifth Wall Acquisition Sponsor, LLC, is the record holder of the shares reported herein. Fifth Wall Acquisition Sponsor, LLC is governed by two managers. Messrs. Andriy Mykhaylovskyy and Brendan Wallace have shared voting and investment power over the shares held by Fifth Wall Acquisition Sponsor, LLC, and disclaim beneficial ownership of the shares held by Fifth Wall Acquisition Sponsor, LLC except to the extent of their pecuniary interest therein.