Lucas Merwan Haldeman - 18 May 2023 Form 4 Insider Report for SmartRent, Inc. (SMRT)

Role: Chief Executive Officer, Director
Signature: /s/ Lucas Merwan Haldeman
Issuer symbol: SMRT
Transactions as of: 18 May 2023
Net transactions value: -$22,350
Form type: 4
Filing time: 19 May 2023, 18:34:09 UTC
Previous filing: 24 Apr 2023
Next filing: 20 Jun 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		+11,264	+0.1%		11,205,675	18 May 2023	Direct	F1
transaction	SMRT	Class A Common Stock	Tax liability	$11,516	-3,138	-0.03%	$3.67	11,202,537	18 May 2023	Direct
transaction	SMRT	Class A Common Stock	Options Exercise		-10,176	-0.09%		11,192,361	19 May 2023	Direct	F1
transaction	SMRT	Class A Common Stock	Tax liability	$10,008	-2,835	-0.03%	$3.53	11,189,526	19 May 2023	Direct
transaction	SMRT	Class A Common Stock	Options Exercise		+833	+7.7%		11,632	18 May 2023	By Spouse	F1
transaction	SMRT	Class A Common Stock	Tax liability	$826	-225	-1.9%	$3.67	11,407	18 May 2023	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	-10,176	-4.2%	$0.000000	234,052	19 May 2023	Class A Common Stock	10,176		Direct	F1, F2
transaction	SMRT	Restricted Stock Units	Options Exercise	$0	-11,264	-3%	$0.000000	360,445	18 May 2023	Class A Common Stock	11,264		Direct	F1, F3
transaction	SMRT	Restricted Stock Units	Options Exercise	$0	-833	-2.6%	$0.000000	31,779	18 May 2023	Class A Common Stock	833		By Spouse	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.