RETV GP, LLC - 10 Mar 2022 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role
10%+ Owner
Signature
RETV GP, LLC, By /s/ John Helm, Managing Director
Issuer symbol
SMRT
Transactions as of
10 Mar 2022
Net transactions value
+$1,874
Form type
4
Filing time
14 Mar 2022, 16:12:12 UTC
Previous filing
25 Feb 2022
Next filing
06 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMRT Class A Common Stock Exercise of in-the-money or at-the-money derivative security $1,874 +937,018 +20% $0.002000* 5,716,921 10 Mar 2022 By RET Ventures SPV I, L.P. F1
holding SMRT Class A Common Stock 25,610,456 10 Mar 2022 By Real Estate Technology Ventures, L.P. F2
holding SMRT Class A Common Stock 447,221 10 Mar 2022 By Real Estate Technology Ventures Associates, L.P. F3
holding SMRT Class A Common Stock 5,886,681 10 Mar 2022 By Real Estate Technology Ventures-A, L.P. F4
holding SMRT Class A Common Stock 389,319 10 Mar 2022 By Real Estate Technology Ventures II, L.P. F5
holding SMRT Class A Common Stock 9,066 10 Mar 2022 By Real Estate Technology Ventures Associates II, L.P. F6
holding SMRT Class A Common Stock 32,981 10 Mar 2022 Direct F7, F8
holding SMRT Class A Common Stock 14,269 10 Mar 2022 Direct F7, F9

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SMRT Warrants Exercise of in-the-money or at-the-money derivative security $0 -937,018 -100% $0.000000* 0 10 Mar 2022 Class A Common Stock 937,018 $0.002000 By RET Ventures SPV I, L.P. F1, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held directly by RET Ventures SPV I, L.P. ("RET SPV I"). RETV GP, LLC ("RET GP I") is the general partner of RET SPV I and may be deemed to beneficially own the shares held by RET SPV I. John Helm is the Managing Director of RET GP I, and may be deemed to share voting and investment power over the shares held by RET SPV I. Each of RET GP I and Mr. Helm disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F2 Shares are held directly by Real Estate Technology Ventures, L.P. ("RET Fund I"). RET GP I is the general partner of RET Fund I and may be deemed to beneficially own the shares held by RET Fund I. John Helm is the Managing Director of RET GP I, and may be deemed to share voting and investment power over the shares held by RET Fund I. Each of RET GP I and Mr. Helm disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F3 Shares are held directly by Real Estate Technology Ventures Associates, L.P. ("RET Associates I"). RET GP I is the general partner of RET Associates I and may be deemed to beneficially own the shares held by RET Associates I. John Helm is the Managing Director of RET GP I, and may be deemed to share voting and investment power over the shares held by RET Associates I. Each of RET GP I and Mr. Helm disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F4 Shares are held directly by Real Estate Technology Ventures-A, L.P. ("RET Fund I-A"). RET GP I is the general partner of RET Fund I-A and may be deemed to beneficially own the shares held by RET Fund I-A. John Helm is the Managing Director of RET GP I, and may be deemed to share voting and investment power over the shares held by RET Fund I-A. Each of RET GP I and Mr. Helm disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F5 Shares are held directly by Real Estate Technology Ventures II, L.P. ("RET Fund II"). RETV GP II, LLC ("RET GP II") is the general partner of RET Fund II and may be deemed to beneficially own the shares held by RET Fund II. John Helm and Christopher Yip are Managing Directors of RET GP II, and may be deemed to share voting and investment power over the shares held by RET Fund II. Each of RET GP II and Messrs. Helm and Yip disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F6 Shares are held directly by Real Estate Technology Ventures Associates II, L.P. ("RET Associates II"). RETV GP II is the general partner of RET Associates II and may be deemed to beneficially own the shares held by RET Associates II. John Helm and Christopher Yip are Managing Directors of RET GP II, and may be deemed to share voting and investment power over the shares held by RET Associates II. Each of RET GP II and Messrs. Helm and Yip disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.
F7 The shares held by the Reporting Person reported herein reflect the receipt of shares pursuant to pro rata distributions in kind, effected by each of RET GP I and RET GP II to its members for no additional consideration, including the Reporting Person. The receipt of such shares by the Reporting Person constituted a change in form of ownership from indirect to direct, which was exempt from reporting pursuant to Rule 16a-13.
F8 Shares are held directly by John Helm
F9 Shares are held directly by Christopher Yip
F10 Immediately exercisable.