Mark Patrick Mader - 15 Feb 2022 Form 4/A - Amendment Insider Report for SMARTSHEET INC

Role
President and CEO, Director
Signature
/s/ Jolene Marshall as attorney-in-fact for Mark Mader
Issuer symbol
N/A
Transactions as of
15 Feb 2022
Net transactions value
-$513,368
Form type
4/A - Amendment
Filing time
26 Aug 2022, 19:03:24 UTC
Date Of Original Report
17 Feb 2022
Previous filing
02 Feb 2022
Next filing
21 Mar 2022
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 +3,703 +0.85% 441,116 15 Feb 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +5,531 +1.3% 446,647 15 Feb 2022 Direct F1, F2
transaction SMAR Class A Common Stock Options Exercise +17,346 +3.9% 463,993 15 Feb 2022 Direct F1, F2
transaction SMAR Class A Common Stock Tax liability $513,368 -8,150 -1.8% $62.99 455,843 15 Feb 2022 Direct F1, F3
holding SMAR Class A Common Stock 51,250 15 Feb 2022 By T77A Trust F4
holding SMAR Class A Common Stock 51,250 15 Feb 2022 By T49C Trust F4

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 -3,703 -20% $0.000000 14,812 15 Feb 2022 Class A Common Stock 3,703 Direct F1, F2, F5
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -5,531 -11% $0.000000 44,243 15 Feb 2022 Class A Common Stock 5,531 Direct F1, F2, F6
transaction SMAR Restricted Stock Units (RSU) (Class A) Options Exercise $0 -17,346 -25% $0.000000 52,039 15 Feb 2022 Class A Common Stock 17,346 Direct F1, F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amended Form 4 is being filed solely to correct an inadvertent error in the number of securities acquired, disposed, and beneficially owned following the reported transactions on the Form 4 filed on February 17, 2022. All other information reported in the Form 4 remains the same.
F2 Each RSU represents a contingent right to receive 1 share of the issuer's Class A Common Stock upon settlement.
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 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.
F5 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.
F6 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.
F7 The RSUs vested as to 25% of the total shares on February 15, 2022, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.

Remarks:

The Reporting Person's total holdings as reported in (a) Column 5 of Table I in Forms 4 filed between February 17, 2022 and August 17, 2022, and (b) Column 9 of Table II of Forms 4 filed on May 17, 2022 and August 17, 2022 are adjusted to reflect the amendments included herein.