Bruce C. Strohm - 13 May 2022 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role: Director
Signature: /s/ Bruce C. Strohm
Issuer symbol: SMRT
Transactions as of: 13 May 2022
Net transactions value: +$179,200
Form type: 4
Filing time: 17 May 2022, 17:45:03 UTC
Previous filing: 19 Nov 2021
Next filing: 25 Aug 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	Purchase	$179,200	+40,000	+89%	$4.48	85,000	13 May 2022	Direct	F1
transaction	SMRT	Class A Common Stock	Options Exercise	$0	+12,397	+15%	$0.000000	97,397	16 May 2022	Direct	F2, 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	-12,397	-100%	$0.000000^*	0	16 May 2022	Class A Common Stock	12,397	$0.000000	Direct	F3, F4
transaction	SMRT	Restricted Stock Units	Award	$0	+30,241		$0.000000	30,241	17 May 2022	Class A Common Stock	30,241	$0.000000	Direct	F3, F5

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

Explanation of Responses:

Id	Content
F1	$4.48 is the weighted average purchase price. The shares were purchased in various transactions through a broker at prices between $4.459 per share and $4.620 per share.
F2	Represents shares acquired upon vesting of Restricted Stock Units.
F3	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.
F4	The RSUs vested on May 16, 2022.
F5	The RSUs will vest in full upon the earlier of (i) May 17, 2023 or (ii) the date immediately prior to the Issuer's next annual meeting of stockholders.