Daryl Stemm - 15 Nov 2023 Form 3 Insider Report for SmartRent, Inc. (SMRT)

Role: CFO
Signature: /s/ Daryl Stemm
Issuer symbol: SMRT
Transactions as of: 15 Nov 2023
Net transactions value: $0
Form type: 3
Filing time: 20 Nov 2023, 16:03:37 UTC
Next filing: 20 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SMRT	Class A Common Stock						35,401	15 Nov 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
holding	SMRT	Employee Stock Option (Right to Buy)							15 Nov 2023	Class A Common Stock	153,232	$2.87	Direct	F1
holding	SMRT	Restricted Stock Units							15 Nov 2023	Class A Common Stock	45,793		Direct	F2, F3
holding	SMRT	Restricted Stock Units							15 Nov 2023	Class A Common Stock	22,500		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	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.
F2	122,113 Restricted Stock Units ("RSUs") were granted on April 19, 2021. Out of the 112,113 RSUs initially granted, 76,320 RSUs have vested and the remaining RSUs shall 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	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.
F4	40,000 RSUs were granted on January 18, 2022. Out of the 40,000 RSUs initially granted, 17,500 RSUs have vested and the remaining RSUs shall vest as follows: one-fourth vested on January 18, 2023 with the remaining vesting in 1/48 equal monthly installments until vested in full.