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

Role: Chief Technology Officer
Signature: /s/ Isaiah DeRose-Wilson
Stock symbol: SMRT
Transactions as of: Jan 24, 2023
Transactions value $: -$252
Form type: 4
Date filed: 1/25/2023, 03:12 PM
Previous filing: Jan 20, 2023
Next filing: Feb 21, 2023

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%		51.8K	Jan 24, 2023	Direct	F1
transaction	SMRT	Class A Common Stock	Tax liability	-$252	-85	-0.16%	$2.97	51.7K	Jan 24, 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	-3.13%	$0.00	7.55K	Jan 24, 2023	Class A Common Stock	244		Direct	F1, F2
transaction	SMRT	Employee Stock Option (Right to Buy)	Award	$0	+204K		$0.00	204K	Jan 24, 2023	Class A Common Stock	204K	$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.