Paladin Michael Shane bought SMRT
March 18, 2025 · Form 4 insider transaction
Paladin Michael Shane bought 4,640,882 shares of SmartRent, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
These securities are performance-based restricted stock units (PSUs). Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.; The maximum number of PSUs that may be earned is 4,640,882. The actual number of shares of Class A Common Stock earned, if any, will be determined based on the achievement of performance goals relating to the Issuer's share price during a five-year performance period from February 24, 2025 (the "Start Date"), subject to the Reporting Person's continued service as an employee of the Issuer, with 50% of any shares achieved vesting on the four (4) year anniversary of the Start Date, and 100% of any shares achieved but not yet paid vesting on the five (5) year anniversary of the Start Date.