Kristen Morse Lee - 05 Apr 2024 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role: General Counsel
Signature: /s/ Kristen Morse Lee
Issuer symbol: SMRT
Transactions as of: 05 Apr 2024
Net transactions value: -$24,499
Form type: 4
Filing time: 08 Apr 2024, 16:11:06 UTC
Previous filing: 19 Mar 2024
Next filing: 19 Apr 2024
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	Options Exercise		+22,865	+121%		41,797	05 Apr 2024	Direct	F1
transaction	SMRT	Class A Common Stock	Tax liability	$24,499	-9,570	-23%	$2.56	32,227	05 Apr 2024	Direct

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	Restricted Stock Units	Options Exercise	$0	-22,865	-25%	$0.000000	68,598	05 Apr 2024	Class A Common Stock	22,865		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit represents a contingent right to receive one share of the issuer's Class A Common Stock, par value $0.001 per share.
F2	The Restricted Stock Unit vests as follows: one-fourth vested on April 5, 2024 with the remaining vesting in 3 equal annual installments until vested in full.