Key facts
- This page summarizes Mark Patrick Mader's Form 4 filing for SMARTSHEET INC.
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 26 Sep 2023, 18:13.
Mark Patrick Mader - 25 Sep 2023 Form 4 Insider Report for SMARTSHEET INC
- Reporting relationship
- President and CEO, Director
- Issuer ticker
- N/A
- Reported as of
- 25 Sep 2023
- Net transaction value
- -$779,606
- SEC form
- 4
- Accepted by SEC
- 26 Sep 2023, 18:13:04 UTC
- Prior SEC filing
- 17 Aug 2023
- Next SEC filing
- 17 Nov 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jolene Marshall as attorney-in-fact for Mark Mader
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Mark Patrick Mader filed Form 4 for SMARTSHEET INC on 26 Sep 2023.
Change
- Previous filing in this sequence was filed on 17 Aug 2023.
- Current net transaction value: -$779,606.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- $50,621
- Shares
- +51,654
- Change %
- +9.4%
- Price
- $0.9800*
- Shares after
- 600,946
- Date
- 25 Sep 2023
- Ownership
- Direct
SMAR
transaction
Class A Common Stock
Sale
- Transaction value
- $830,227
- Shares
- -21,120
- Change %
- -3.5%
- Price
- $39.31
- Shares after
- 579,826
- Date
- 25 Sep 2023
- Ownership
- Direct
- Footnotes
- F1, F2
SMAR
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 51,250
- Date
- 25 Sep 2023
- 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
- 25 Sep 2023
- Ownership
- By T77A Trust
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SMAR
transaction
Derivative
Stock Option (right to buy Class A Common Stock)
Options Exercise
- Transaction value
- $0
- Shares
- -51,654
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 25 Sep 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 51,654
- Exercise price
- $0.9800
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 4 footnotes
Footnote F1
The reported transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on June 27, 2023.
Footnote F2
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.29 to $39.36 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
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 option is fully vested and exercisable.