Christopher Jon Edmonds - Apr 19, 2022 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role: Chief Revenue Officer
Signature: /s/ Christopher Jon Edmonds
Stock symbol: SMRT
Transactions as of: Apr 19, 2022
Transactions value $: -$480,450
Form type: 4
Date filed: 4/20/2022, 05:17 PM
Previous filing: Jan 20, 2022
Next filing: May 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMRT	Class A Common Stock	Options Exercise	$0	+275K	+22429.14%	$0.00	276K	Apr 19, 2022	Direct	F1, F2, F3
transaction	SMRT	Class A Common Stock	Tax liability	-$480K	-96.7K	-35.03%	$4.97	179K	Apr 19, 2022	Direct	F4

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	-275K	-25%	$0.00	824K	Apr 19, 2022	Class A Common Stock	275K	$0.00	Direct	F2, F5

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

Explanation of Responses:

Id	Content
F1	Represents shares acquired upon vesting of Restricted Stock Units.
F2	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.
F3	Includes 1,225 shares purchased pursuant to the SmartRent, Inc. 2021 Employee Stock Purchase Plan (ESPP).
F4	Represents withholding of shares to pay tax liability incident to the vesting of Restricted Stock Units.
F5	The Restricted Stock Units vest as follows: one-fourth vested on April 19, 2022 with the remaining vesting in 1/48 equal monthly installments until vested in full.