Mitch Karren - 19 Apr 2022 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role: Chief Product Officer
Signature: /s/ Mitch Karren
Issuer symbol: SMRT
Transactions as of: 19 Apr 2022
Net transactions value: -$110,150
Form type: 4
Filing time: 20 Apr 2022, 17:19:55 UTC
Previous filing: 20 Jan 2022
Next filing: 09 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	Options Exercise	$0	+73,268		$0.000000	73,268	19 Apr 2022	Direct	F1, F2
transaction	SMRT	Class A Common Stock	Tax liability	$110,150	-22,163	-30%	$4.97	51,105	19 Apr 2022	Direct	F3

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	-73,268	-25%	$0.000000	219,805	19 Apr 2022	Class A Common Stock	73,268	$0.000000	Direct	F2, F4

* 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	Represents withholding of shares to pay tax liability incident to the vesting of Restricted Stock Units.
F4	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.