Anna Griffin - May 14, 2021 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role: Chief Marketing Officer
Signature: /s/ Paul Porrini as attorney-in-fact for Anna Griffin
Stock symbol: SMAR
Transactions as of: May 14, 2021
Transactions value $: -$39,687
Form type: 4
Date filed: 5/18/2021, 08:32 PM
Next filing: Jun 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMAR	Class A Common Stock	Options Exercise		+1.63K	+19.94%		9.78K	May 14, 2021	Direct	F1, F2
transaction	SMAR	Class A Common Stock	Tax liability	-$39.7K	-727	-7.43%	$54.59	9.05K	May 14, 2021	Direct	F3

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	SMAR	Restricted Stock Units (RSU) (Class A)	Options Exercise	$0	-1.63K	-8.33%	$0.00	17.9K	May 14, 2021	Class A Common Stock	1.63K		Direct	F1, F4

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

Explanation of Responses:

Id	Content
F1	Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
F2	Includes 331 shares of Class A Common Stock acquired under the issuer's employee stock purchase plan on March 24, 2021.
F3	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.
F4	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.