Brent Frei - 17 Jun 2022 Form 4 Insider Report for SMARTSHEET INC

Role: Director
Signature: /s/ Jolene Marshall as attorney-in-fact for Brent Frei
Issuer symbol: N/A
Transactions as of: 17 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 22 Jun 2022, 18:20:31 UTC
Previous filing: 04 Jan 2022
Next filing: 03 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMAR	Class A Common Stock	Options Exercise		+2,952	+0.15%		1,994,297	17 Jun 2022	Direct	F1
holding	SMAR	Class A Common Stock						25,000	17 Jun 2022	By Samantha Frei Irrevocable Trust dated January 7, 2018	F2
holding	SMAR	Class A Common Stock						25,000	17 Jun 2022	By Sofia Frei Irrevocable Trust dated January 7, 2018	F2
holding	SMAR	Class A Common Stock						25,000	17 Jun 2022	By Tessa Frei Irrevocable Trust dated January 7, 2018	F2
holding	SMAR	Class A Common Stock						25,000	17 Jun 2022	By Thomas Frei Irrevocable Trust dated January 7, 2018	F2
holding	SMAR	Class A Common Stock						25,000	17 Jun 2022	By Tucker Frei Irrevocable Trust dated January 7, 2018	F2

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	-2,952	-100%	$0.000000^*	0	17 Jun 2022	Class A Common Stock	2,952		Direct	F1, F3
transaction	SMAR	Restricted Stock Units (RSU) (Class A)	Award	$0	+5,162		$0.000000	5,162	17 Jun 2022	Class A Common Stock	5,162		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	These securities are held of record by Mark A. Frei, Trustee of each of the Samantha Frei Irrevocable Trust dated January 7, 2018, Sofia Frei Irrevocable Trust dated January 7, 2018, Tessa Frei Irrevocable Trust dated January 7, 2018, Thomas Frei Irrevocable Trust dated January 7, 2018, and Tucker Frei Irrevocable Trust dated January 7, 2018, trusts for the benefit of the reporting person's minor 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.
F3	The RSUs fully vested on June 17, 2022.
F4	The RSUs shall fully vest on the earlier of (a) the date of the next annual meeting of the issuer's shareholders and (b) the date that is one year following the effective date of the award of the RSUs, subject to continued service through the vesting date.