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

Role: Chief Product Officer
Signature: /s/ Mitch Karren
Issuer symbol: SMRT
Transactions as of: 19 May 2022
Net transactions value: -$9,121
Form type: 4
Filing time: 20 May 2022, 17:06:35 UTC
Previous filing: 17 May 2022
Next filing: 21 Jun 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	+6,106	+23%	$0.000000	32,796	19 May 2022	Direct	F1, F2
transaction	SMRT	Class A Common Stock	Tax liability	$9,121	-1,799	-5.5%	$5.07	30,997	19 May 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	-6,106	-2.8%	$0.000000	213,699	19 May 2022	Class A Common Stock	6,106	$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.