Lucas Merwan Haldeman - 24 Aug 2022 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role: Chief Executive Officer, Director
Signature: /s/ Lucas Merwan Haldeman
Issuer symbol: SMRT
Transactions as of: 24 Aug 2022
Net transactions value: -$49,193
Form type: 4
Filing time: 25 Aug 2022, 19:23:40 UTC
Previous filing: 22 Aug 2022
Next filing: 20 Sep 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		+18,256	+0.17%		10,996,422	24 Aug 2022	Direct	F1
transaction	SMRT	Class A Common Stock	Tax liability	$18,712	-5,377	-0.05%	$3.48	10,991,045	24 Aug 2022	Direct
transaction	SMRT	Class A Common Stock	Options Exercise		+27,548	+0.25%		11,018,593	24 Aug 2022	Direct	F1
transaction	SMRT	Class A Common Stock	Tax liability	$28,233	-8,113	-0.07%	$3.48	11,010,480	24 Aug 2022	Direct
transaction	SMRT	Class A Common Stock	Options Exercise		+2,191	+0.02%		11,012,671	24 Aug 2022	By Spouse	F1
transaction	SMRT	Class A Common Stock	Tax liability	$2,248	-646	-0.01%	$3.48	11,012,025	24 Aug 2022	By Spouse

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	-18,256	-25%	$0.000000	54,766	24 Aug 2022	Class A Common Stock	18,256		Direct	F1, F2
transaction	SMRT	Restricted Stock Units	Options Exercise	$0	-27,548	-33%	$0.000000	55,097	24 Aug 2022	Class A Common Stock	27,548		Direct	F1, F3
transaction	SMRT	Restricted Stock Units	Options Exercise	$0	-2,191	-4.5%	$0.000000	46,572	24 Aug 2022	Class A Common Stock	2,191		By Spouse	F1, F2

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

Explanation of Responses:

Id	Content
F1	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.
F2	The Restricted Stock Units vest as follows: one-fourth vested on August 24, 2022 with the remaining vesting in 36 equal monthly installments until vested in full.
F3	On August 24, 2021, the reporting person was granted 82,645 Restricted Stock Units, vesting in three equal annual installments beginning on the first anniversary of the grant date.