Mark Patrick Mader - 13 Aug 2021 Form 4 Insider Report for SMARTSHEET INC

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
17 Aug 2021, 20:50:35 UTC
Prior SEC filing
08 Jul 2021
Next SEC filing
17 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Paul Porrini as attorney-in-fact for Mark Mader

Key filing fact

Mark Patrick Mader filed Form 4 for SMARTSHEET INC on 17 Aug 2021.

Key facts

  • This page summarizes Mark Patrick Mader's Form 4 filing for SMARTSHEET INC.
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 17 Aug 2021, 20:50.

Change

  • Previous filing in this sequence was filed on 08 Jul 2021.
  • Current net transaction value: -$387,416.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SMAR transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+3,702
Change %
+0.96%
Price
Shares after
388,158
Date
13 Aug 2021
Ownership
Direct
Footnotes
F1
SMAR transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+5,530
Change %
+1.4%
Price
Shares after
393,688
Date
13 Aug 2021
Ownership
Direct
Footnotes
F1
SMAR transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+4,965
Change %
+1.3%
Price
Shares after
398,653
Date
13 Aug 2021
Ownership
Direct
Footnotes
F1
SMAR transaction

Class A Common Stock

Tax liability

Transaction value
$387,416
Shares
-5,588
Change %
-1.4%
Price
$69.33
Shares after
393,065
Date
13 Aug 2021
Ownership
Direct
Footnotes
F2
SMAR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
51,250
Date
13 Aug 2021
Ownership
By T49C Trust
Footnotes
F3
SMAR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
51,250
Date
13 Aug 2021
Ownership
By T77A Trust
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SMAR transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value
$0
Shares
-3,702
Change %
-14%
Price
$0.000000
Shares after
22,218
Date
13 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,702
Exercise price
Footnotes
F1, F4
SMAR transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value
$0
Shares
-5,530
Change %
-9.1%
Price
$0.000000
Shares after
55,304
Date
13 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
5,530
Exercise price
Footnotes
F1, F5
SMAR transaction Derivative

Restricted Stock Units (RSU) (Class A)

Options Exercise

Transaction value
$0
Shares
-4,965
Change %
-100%
Price
$0.000000*
Shares after
0
Date
13 Aug 2021
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,965
Exercise price
Footnotes
F1, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.

Footnote F2

Represents the number of shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs and does not represent a sale by the reporting person.

Footnote F3

These securities are held of record by Douglas Porter, Trustee of each of the T77A Trust and the T49C Trust, trusts for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership over such securities, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Footnote F4

The RSUs vested as to 25% of the total shares on February 15, 2020 and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.

Footnote F5

The RSUs vested as to 25% of the total shares on February 15, 2021 and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.

Footnote F6

The RSUs were granted under the 2019 Annual Incentive Plan and vested 100% on August 13, 2021.

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