Isaiah DeRose-Wilson - 24 Jan 2023 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role: Chief Technology Officer
Signature: /s/ Isaiah DeRose-Wilson
Issuer symbol: SMRT
Transactions as of: 24 Jan 2023
Net transactions value: -$252
Form type: 4
Filing time: 25 Jan 2023, 15:12:32 UTC
Previous filing: 20 Jan 2023
Next filing: 21 Feb 2023
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		+244	+0.47%		51,818	24 Jan 2023	Direct	F1
transaction	SMRT	Class A Common Stock	Tax liability	$252	-85	-0.16%	$2.97	51,733	24 Jan 2023	Direct

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	-244	-3.1%	$0.000000	7,545	24 Jan 2023	Class A Common Stock	244		Direct	F1, F2
transaction	SMRT	Employee Stock Option (Right to Buy)	Award	$0	+204,309		$0.000000	204,309	24 Jan 2023	Class A Common Stock	204,309	$2.87	Direct	F3

* 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	The options shall vest as follows: twenty-five percent (25%) shall vest on the first anniversary of the grant date with the remainder vesting in three equal annual installments on January 24, 2025, January 24, 2026 and January 24, 2027.