Pete Godbole - 14 Dec 2022 Form 4 Insider Report for SMARTSHEET INC

Role: CFO & Treasurer
Signature: /s/ Jolene Marshall as attorney-in-fact for Pete Godbole
Issuer symbol: N/A
Transactions as of: 14 Dec 2022
Net transactions value: -$93,308
Form type: 4
Filing time: 16 Dec 2022, 15:57:28 UTC
Previous filing: 08 Dec 2022
Next filing: 17 Feb 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	Sale	$93,308	-2,256	-11%	$41.36	18,229	14 Dec 2022	Direct	F1
transaction	SMAR	Class A Common Stock	Options Exercise		+2,401	+13%		20,630	15 Dec 2022	Direct	F2
transaction	SMAR	Class A Common Stock	Tax liability	$0	-831	-4%	$0.000000	19,799	15 Dec 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	-2,401	-11%	$0.000000	19,208	15 Dec 2022	Class A Common Stock	2,401		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.