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

Role: Chief Product Officer
Signature: /s/ Mitch Karren
Stock symbol: SMRT
Transactions as of: May 19, 2022
Transactions value $: -$9,121
Form type: 4
Date filed: 5/20/2022, 05:06 PM
Previous filing: May 17, 2022
Next filing: Jun 21, 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	+6.11K	+22.88%	$0.00	32.8K	May 19, 2022	Direct	F1, F2
transaction	SMRT	Class A Common Stock	Tax liability	-$9.12K	-1.8K	-5.49%	$5.07	31K	May 19, 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	-6.11K	-2.78%	$0.00	214K	May 19, 2022	Class A Common Stock	6.11K	$0.00	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.