Pete Godbole - Dec 14, 2022 Form 4 Insider Report for SMARTSHEET INC (SMAR)

Role
CFO & Treasurer
Signature
/s/ Jolene Marshall as attorney-in-fact for Pete Godbole
Stock symbol
SMAR
Transactions as of
Dec 14, 2022
Transactions value $
-$93,308
Form type
4
Date filed
12/16/2022, 03:57 PM
Previous filing
Dec 8, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMAR Class A Common Stock Sale -$93.3K -2.26K -11.01% $41.36 18.2K Dec 14, 2022 Direct F1
transaction SMAR Class A Common Stock Options Exercise +2.4K +13.17% 20.6K Dec 15, 2022 Direct F2
transaction SMAR Class A Common Stock Tax liability $0 -831 -4.03% $0.00 19.8K Dec 15, 2022 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 -2.4K -11.11% $0.00 19.2K Dec 15, 2022 Class A Common Stock 2.4K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the holder.
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 The RSUs vested as to 25% of the total shares on December 15, 2021, and then 6.25% of the total shares vest quarterly thereafter, subject to continued service through each vesting date.