Isaiah DeRose-Wilson - Mar 17, 2023 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role: Chief Technology Officer
Signature: /s/ Isaiah DeRose-Wilson
Stock symbol: SMRT
Transactions as of: Mar 17, 2023
Transactions value $: -$4,746
Form type: 4
Date filed: 3/20/2023, 04:06 PM
Previous filing: Feb 24, 2023
Next filing: Mar 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMRT	Class A Common Stock	Options Exercise		+1.11K	+1.95%		58.2K	Mar 17, 2023	Direct	F1
transaction	SMRT	Class A Common Stock	Tax liability	-$732	-310	-0.53%	$2.36	57.9K	Mar 17, 2023	Direct
transaction	SMRT	Class A Common Stock	Options Exercise		+6.11K	+10.54%		64K	Mar 17, 2023	Direct	F1
transaction	SMRT	Class A Common Stock	Tax liability	-$4.01K	-1.7K	-2.66%	$2.36	62.3K	Mar 17, 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	-6.11K	-3.85%	$0.00	153K	Mar 17, 2023	Class A Common Stock	6.11K		Direct	F1, F2
transaction	SMRT	Restricted Stock Units	Options Exercise	$0	-1.11K	-2.86%	$0.00	37.8K	Mar 17, 2023	Class A Common Stock	1.11K		Direct	F1, 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 April 19, 2022 with the remaining vesting in 1/48 equal monthly installments until vested in full.
F3	The restricted stock units shall vest as follows: one-fourth shall vest on January 18, 2023 (the "Vesting Start Date"), with the remaining vesting in 1/48 equal installments on each monthly anniversary of the Vesting Start Date until vested in full, subject to continued employment.